NYSE Glitch Falsely Shows Berkshire Hathaway Plummeting 99%

1 min read
Source: CNBC
NYSE Glitch Falsely Shows Berkshire Hathaway Plummeting 99%
Photo: CNBC
TL;DR Summary

A technical issue at the New York Stock Exchange caused Berkshire Hathaway's A-class shares to appear down nearly 100% on June 3, 2024, leading to a temporary trading halt. The problem, linked to the Consolidated Tape Association's price-bands, affected 40 stocks and was resolved by 11:45 a.m. ET. Trading resumed normally, and the incident did not significantly impact major market averages.

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