NYSE resolves glitch that showed Berkshire Hathaway down 99%

Reported 6 months ago

A glitch in the New York Stock Exchange led to erroneous prices for various stocks, including Berkshire Hathaway, which was mistakenly shown to be down 99.9%. The issue has been resolved, with the NYSE attributing it to a technical problem involving industry-wide price bands. The glitch triggered trading halts on multiple symbols, but the affected stocks were not actually at their reported lows. This incident occurred amidst the implementation of a new T plus one settlement trading practice.

Source: YAHOO

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