NEW YORK, Dec 22 (Reuters) - Nasdaq has canceled trades in Accuride Corp that occurred at or above $16.84 during late afternoon trade on Wednesday, the exchange said.
The trades took place between 3:49 p.m. and 3:52 p.m EST.
Thomson Reuters data showed some trades rose as high as $1,211.41 a share during the time.
Accuride shares closed on Wednesday at $15.40, up 1 percent.
Nasdaq said the trades were ruled to be 'clearly erroneous,' which they define as 'an obvious error in any term, such as price, number of shares or other unit of trading, or identification of the security' on their website.
(Reporting by Angela Moon, Editing by Dan Grebler) Keywords: STOCK ACCURIDE/ERROR (angela.moon@thomsonreuters.com;+1 646 223 5685; Reuters Messaging:angela.moon.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The trades took place between 3:49 p.m. and 3:52 p.m EST.
Thomson Reuters data showed some trades rose as high as $1,211.41 a share during the time.
Accuride shares closed on Wednesday at $15.40, up 1 percent.
Nasdaq said the trades were ruled to be 'clearly erroneous,' which they define as 'an obvious error in any term, such as price, number of shares or other unit of trading, or identification of the security' on their website.
(Reporting by Angela Moon, Editing by Dan Grebler) Keywords: STOCK ACCURIDE/ERROR (angela.moon@thomsonreuters.com;+1 646 223 5685; Reuters Messaging:angela.moon.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.