Reported 4 months ago
A technical issue caused the temporary halt of trading for some New York Stock Exchange stocks, leading to at least one stock, Berkshire Hathaway, experiencing a brief 99.97% price plunge before recovering. The NYSE stated that trading was halted for several stocks due to a technical issue related to pricing data publication, but the problem was resolved. This incident follows recent glitches in Wall Street, including a delay in real-time pricing for the S&P 500 index and the implementation of a faster stock trade settlement system recommended by the SEC after the 2021 'meme-stock' craze.
Source: YAHOO