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Nasdaq cancels some Kraft stock trades

October 03, 2012

The Nasdaq is cancelling some trades of Kraft Foods Group Inc. following an unusual spike after the market opened. Kraft's shares opened at $45.55 Wednesday before surging to $58.54. The exchange says it is looking into "potentially erroneous transactions" and will cancel all trades above $47.82 that happened during a one-minute window at 9:30 A.M. EDT.

Source: http://www.dailyherald.com/article/20121003/business/121009940/
 
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