
A technical glitch at the New York Stock Exchange (NYSE) on Monday caused several high-profile stocks, including Berkshire Hathaway, to show a nearly 100% drop in value. The issue, linked to a recent upgrade of a key market data feed, triggered volatility trading halts for numerous companies such as Chipotle, Bank of Montreal, and Barrick Gold. Berkshire Hathaway's Class A shares plummeted 99.97% before trading was halted, resulting in a $628,800 loss. The NYSE has since resolved the issue and resumed normal trading. All erroneous trades during the glitch period are being canceled. The NYSE continues to investigate the root cause of the technical problem, which also impacted stocks like GameStop (GME) and was related to Limit Up-Limit Down (LULD) bands.



































Investors who purchased shares in Warren Buffett’s Berkshire Hathaway yesterday at a huge discount will see their trades canceled following a technical issue on the stock exchange Apparently, numerous traders got filled after the -99.97% drop
Berkshire Hathaway Stock Suffers Worst Loss In 15 Months Day After Glitch In ‘Surprise’ Selloff https://t.co/OSou7JajI7 https://t.co/TqJpfh8mtl
Berkshire Hathaway stock goes down 99%. Snaps back. Data issue. With 24/7 trading, more reliant on electronic trading vs humans, etc this is likely to be the new norm. Strange happenings that quickly correct.