Stock market glitch shows Berkshire Hathaway stock down 99% as NYSE deals with technical issues

ByBig Mike

A technical glitch at the New York Stock Exchange led to some stocks displaying incorrect prices in early Monday trades.

Class A shares of Berkshire Hathaway appeared to be down 99.97% to just $185.10 per share. The incorrect share price data showed the stock losing more than $627,000 in value on a trading volume of just over 3,000 shares.

Class A shares of Berkshire Hathaway closed at $627,400 on Friday.

Shares of Barrick Gold and NuScale Power Corporation also appeared to be down 99% because of the glitch, while shares of Grupo Aeroportuario Del Sureste were down 66%. Chipotle stock was also impacted, though it appears only to be down 1.2%.

All impacted stocks are listed on the New York Stock Exchange, and trading in all affected shares was halted midmorning.

“NYSE Equities is currently investigating a reported technical issue. Additional information will follow as soon as possible,” the company said in a statement.

Intercontinental Exchange owns the New York Stock Exchange.

Similar Posts

Real-estate investor Guido Nunez has built a portfolio of 150 units across multiple multifamily properties. He shares the refinancing and tax strategies he’s used to continually snowball his wealth.

Real-estate investor Guido Nunez has built a portfolio of 150 units across multiple multifamily properties. He shares the refinancing and tax strategies he’s used to continually snowball his wealth.

Guido Nunez’s mother has always tried to teach him about how to use real estate to create life-changing wealth….

Leave a Reply