Published: 2024-06-03 20:34
Last Updated: 2024-07-13 05:37
A technical glitch at the New York Stock Exchange on Monday caused significant drops in several companies' stocks, including a nearly 100 percent drop in Berkshire Hathaway's Class A shares.
Trading was halted for these stocks, as well as for Barrick Gold and NuScale Power, which also experienced substantial declines.
At 10:11 AM ET, the NYSE announced it was investigating a technical issue related to limit bands, mechanisms designed to pause trading due to extreme volatility.