Seeking Alpha

Trading is temporarily halted in NextEra Energy (NEE) and American Electric Power (AEP) after...

Trading is temporarily halted in NextEra Energy (NEE) and American Electric Power (AEP) after early trades printed as low as $30.37 and $22.28, respectively. Yesterday's respective closing prices were $79.16 and $48.59.
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Comments (6)
  • wigit5
    , contributor
    Comments (4288) | Send Message
    more flash crashes
    23 May 2013, 09:56 AM Reply Like
  • kolpin
    , contributor
    Comments (1354) | Send Message
    I had a limit order for NEE that was set 6 months ago, which was filled at 68. Does anyone know if it will be honored by my brokerage (fidelity)?
    23 May 2013, 10:33 AM Reply Like
  • wigit5
    , contributor
    Comments (4288) | Send Message
    They'll probably end up cancelling all trades from a certain point in time on till they reopen the trading
    23 May 2013, 10:42 AM Reply Like
  • MAG729
    , contributor
    Comment (1) | Send Message
    Getting rid of LRPs.....not good. Right now these stocks are open to this kind of volatility in the first and last fifteen minutes of the session. Not until phase 2 of this program is implemented (probably August) will this problem be solved. And I believe all trades after a 5% move will be busted.
    23 May 2013, 11:35 AM Reply Like
  • Hendershott
    , contributor
    Comments (1638) | Send Message
    NYSE rules the trades in AEP and NEE will stand. Why don't they just pit out a statement that the public participation in the markets is unwelcome.
    23 May 2013, 12:57 PM Reply Like
  • Mike Maher
    , contributor
    Comments (2835) | Send Message
    Seriously, thats crazy
    23 May 2013, 02:10 PM Reply Like
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