Shares of Microsoft Corp. and International Business Machines Corp. traded down over 10% at one point in premarket trade Friday, but it wasn’t clear whether they were traded on the FINRA/NYSE Trade Reporting Facility (TRF) or the FINRA/Nasdaq TRF. According to FactSet’s time and sales data, 57 Microsoft shares went through at $56.9171 at 8:00:25 a.m. ET, below the previous trade of $64.90 at 8:00:01 a.m., and 12% below Thursday’s close of $64.87. The next trade at 8:21:37 a.m. was 40 shares at $64.95. For IBM, 22 shares changed hands at $154.785 at 8:00:25 a.m., down from $175.05 at 6:38:57 a.m., and down 11% from Thursday’s close at $174.82. The next trade was 100 shares at $174.70 at 8:33:09. Another Dow Jones Industrial Average component’s stock traded at a off-price level, as 75 shares of General Electric changed hands at $28.859 at 8:00:25, down 2.7% from Thursday’s close. That trade was surrounded by a trade at $29.64 at 7:59:51 a.m. and $29.65 at 8:20:12 a.m. FINRA did not immediately respond to a request for comment.
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