My first thought was that someone long MSFT and short DIS was liquidated.
Both tickets recovered immediately.
Looking for thoughts and theories.
I’m digging into the orders now
In DIS
290 shares @148.9162
Four lots, 16:57:20, 16:57:26, 16:58:56, 16:59:31
These were the only trades above 148.20 today
In MSFT
Only one “below NBBO” order lot that sticks out
Just 40 shares @ 283.2808 16:59:29
There’s a 10 share lot at 17:00:00 that looks above the spread @ 300.19
This was the only lot that traded under 292 today
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