The second-biggest technology consulting company, Accenture , opened at $41.49 on May 6, 2010 and fell more than 99 percent to a penny ($0.01) around 3pm eastern time (check the red circles on the image). Still, it was able close at $41.09 just down by 4.2%.
Imagine if you’re able to buy it at $0.01, after an hour it multiplies by more than 4,000 times!!!
Unfortunately, if you were able to buy Accenture (ACN) stocks at that price and time, it wouldn’t be valid since according to bloomberg, all trades executed below $17.74 have been canceled. Also, according to NYSE, those kinds of transactions may be voided.
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