BATS Will Not Re-Open Friday
Shares of IPO BATS Global Markets (NASDAQ: BATS) will not be re-opening on Friday, according to Bloomberg. In the stock's first day of trading, a flash crash occurred which caused shares to be halted.
A flash crash also occurred in Apple (NASDAQ: AAPL) when a trade went through on the BATS exchange 9.4% lower than the previous price. Apple was briefly halted and began trading again at its previous price prior to the erroneous trade. On the day, AAPL shares are down 0.37% to $597.10.
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