LVMH briefly sinks almost 9 percent; traders suspect 'fat finger'

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LVMH briefly sinks almost 9 percent; traders suspect 'fat finger'
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Shares in luxury goods group LVMH briefly fell almost 9 percent at the open on M...

FILE PHOTO: A woman with a Louis Vuitton-branded shopping bag looks towards the entrance of a branch store by LVMH Moet Hennessy Louis Vuitton in Vienna, Austria October 4, 2018. REUTERS/Lisi Niesner/File Photo

The shares on Paris’ CAC 40 opened at 310.45 euros and fell to 285.7 euros, their lowest since Feb. 12 in the opening minutes. Turnover in the stock was unusually high, with almost 200,000 shares traded in the first 75 minutes after the opening bell, 28 percent of its 100-day average daily total.

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