Adds Google spokesman, context)
NEW YORK, Sept 30 (Reuters) - The operator of the Nasdaq Stock Market said it was investigating "potentially erroneous transactions" involving shares of Google Inc (GOOG.O: Quote, Profile, Research, Stock Buzz), which appeared to plunge as low as 1 cent at the close of North American markets on Tuesday.
Nasdaq OMX Group's (NDAQ.O: Quote, Profile, Research, Stock Buzz) surveillance arm said in a statement: "Participants should review their trading activity for potentially erroneous trades and request adjudication."
A Google spokesman said the company declined to comment on the trading spike. Google shares closed at $341.43, down 10.4 percent.
Bethany Sherman, a Nasdaq spokeswoman, said the exchange was investigating trades that took place after 3:57 p.m. EST -- three minutes before close.
"We'll take a look at the trades and make a judgment as to whether there were erroneous trades," she told Reuters, adding it was too early to know whether trades would be broken.
MarketWatch, Nasdaq's surveillance arm, said in the statement it would "advise with details as soon as available." (Reporting by Jonathan Spicer, additional reporting by Eric Auchard in San Francisco; Editing by Gary Hill)
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