Current:Home > FinanceNYSE glitch sends Berkshire Hathaway shares down nearly 100% -TruePath Finance
NYSE glitch sends Berkshire Hathaway shares down nearly 100%
View
Date:2025-04-27 01:54:38
The New York Stock Exchange on Monday said it had resolved a technical problem that has Class A shares of Warren Buffett's Berkshire Hathaway seemingly down almost 100%.
The issue prompted trading to be halted in Berkshire's A-class shares, along with about a dozen other companies, including Barrick Gold and Nuscale Power, both of which also showed faulty and steep declines. Trading continued in Berkshire's B-class shares.
The trouble arose shortly after the opening bell, impacting the likes of Chipotle Mexican Grill, Abbott Laboratories and other stocks. A list of impacted stocks can be seen here.
"A technical issue involving industrywide price bands published by the Consolidated Tape Association's Securities Information Processor triggered 'limit-up/limit down' trading halts on up to 40 symbols listed on NYSE Group exchanges. Shortly before noon, the issue was resolved and trading in the impacted stocks resumed," a spokesperson for the exchange said in an email. "The NYSE is reviewing potentially impacted trades."
- In:
- New York Stock Exchange
Kate Gibson is a reporter for CBS MoneyWatch in New York, where she covers business and consumer finance.
veryGood! (4)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Teacher, CAIR cite discrimination from Maryland schools for pro-Palestinian phrase
- Tucker Carlson says he's launching his own paid streaming service
- Nebraska priest killed after church assault; suspect is in custody, officials say
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Frost protection for plants: Tips from gardening experts for the winter.
- Car fire at Massachusetts hospital parking garage forces evacuation of patients and staff
- Bronny James makes college basketball debut for USC after cardiac arrest
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Hasbro cuts 1,100 jobs, or 20% of its workforce, prompted by the ongoing malaise in the toy business
Ranking
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Narges Mohammadi, Iranian activist and Nobel peace prize winner, to go on new hunger strike as prize is awarded
- UN cuts global aid appeal to $46 billion to help 180 million in 2024 as it faces funding crisis
- Man charged in Fourth of July parade shooting plans to represent himself at trial
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Bronny James makes college basketball debut for USC after cardiac arrest
- Boeing promotes insider to chief operating officer, putting her in the discussion about the next CEO
- Commercial fishermen need more support for substance abuse and fatigue, lawmakers say
Recommendation
US appeals court rejects Nasdaq’s diversity rules for company boards
Golden Globes announce 2024 nominations. See the full list of nominees.
2 high school students in Georgia suffered chemical burns, hospitalized in lab accident
New Hampshire man arrested for allegedly threatening to kill Vivek Ramaswamy
North Carolina justices rule for restaurants in COVID
SmileDirectClub shuts down months after filing for Chapter 11 bankruptcy protection
Imprisoned accomplice in shooting of then-NFL player’s girlfriend dies
More foods have gluten than you think. Here’s how to avoid 'hidden' sources of the protein.