Proctor And Gamble Stock Trading Error?
Procter & Gamble Co. said a sudden drop in its stock price Thursday afternoon was a trading error.
The Dow Jones Industrial Average closed down nearly 350 points but not before going on a wild ride that included a 1,000 point drop in the middle of the day.
The dip in the Procter and Gamble stock from $60 to that of below $40 around 2:45 pm ET, along with Dow Jones also slumping 600 points almost around the same time in less than fifteen minutes have raised a great concern on the trading.
Was it really a stock trading error? Or is Proctor And Gamble hiding something?