NYSE technical trading glitch hits Berkshire Hathaway and others
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The New York Stock Exchange experienced a technical glitch affecting a handful of stocks, including Warren Buffett’s Barrick Gold and Berkshire Hathaway, which were down nearly 100% before the problem was resolved shortly before noon, Eastern time.
Berkshire Hathaway Class A Shares (ThomsonOne)
“A technical issue with the sector-wide price bands published by the CTA SIP this morning triggered the shutdown of a number of stocks listed on the NYSE Group exchanges. The affected stocks have since reopened ( or are in the process of reopening) and the price band issue has been resolved,” the exchange said.
Teleprinter | Security | Last | Change | Change % |
---|---|---|---|---|
BRK.A | BERKSHIRE HATHAWAY INC. | 624,366.19 | -3,033.81 | -0.48% |
GOLD | BARRICK GOLD CORP. | 5:20 p.m. | +0.12 | +0.70% |
Multiple trading halts, which can occur in cases of excessive buying or selling or if news is anticipated, have been listed on the exchange’s website.
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Berkshire’s Class A shares took a hit. Trading in Class B shares seemed normal.
Shares of NYSE parent company Intercontinental Exchange were down slightly. No trading issues have been reported by rival Nasdaq.
Teleprinter | Security | Last | Change | Change % |
---|---|---|---|---|
ICE | INTERCONTINENTAL EXCHANGE INC. | 132.66 | -1.24 | -0.93% |
NDAQ | NASDAQ INC. | 58.34 | -0.69 | -1.17% |
The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite were little changed.
Teleprinter | Security | Last | Change | Change % |
---|---|---|---|---|
Me: DJI | DOW JONES AVERAGES | 38253.96 | -432.36 | -1.12% |
SP500 | S&P500 | 5235.21 | -42h30 | -0.80% |
I:COMP | NASDAQ COMPOSITE INDEX | 16649.14928 | -85.87 | -0.51% |
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Christopher Mulligan of FOX Business contributed to this report
News Source : www.foxbusiness.com
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