A strange series of stock trades are confusing Wall Street traders. Most probably a program executed a strange series of stock trades with volumes many times their daily volume that has forced most Wall Street traders to start scratching their heads. About a dozen stocks went up and down and then recovered. A partial V-pattern got formed by most these stocks. Most probably a Wall Street firm has mis-executed its program.
As part of this “mis-executed” theory, it is also possible that a hedge fund accidentally started liquidating their portfolio, and then noticed it and reversed. How do you know? Because your profit and loss statement suddenly goes haywire. Either that, or someone is trying to execute a series of pair trades and have no idea what they are doing. Seems unlikely.