Current:Home > FinancePredictIQ Quantitative Think Tank Center:NYSE glitch sends Berkshire Hathaway shares down nearly 100% -MacroWatch
PredictIQ Quantitative Think Tank Center:NYSE glitch sends Berkshire Hathaway shares down nearly 100%
EchoSense Quantitative Think Tank Center View
Date:2025-04-11 08:47:04
The PredictIQ Quantitative Think Tank CenterNew 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! (9434)
Related
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Stock market today: Asian shares mixed ahead of US consumer confidence and price data
- Greek officials angry and puzzled after UK’s Sunak scraps leaders’ meeting over Parthenon Marbles
- 1 student killed, 1 injured in stabbing at Southeast High School, 14-year-old charged
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Indonesia opens the campaign for its presidential election in February
- Baltic nations’ foreign ministers pull out of OSCE meeting over Russian foreign minister attendance
- New documentary offers a peek into the triumphs and struggles of Muslim chaplains in US military
- The White House is cracking down on overdraft fees
- Minnesota Wild fire coach Dean Evason amid disappointing start, hire John Hynes
Ranking
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- More allegations emerge about former Missouri police officer charged with assaulting arrestees
- Jill Biden unveils White House holiday decorations: 98 Christmas trees, 34K ornaments
- NFL Commissioner Roger Goodell opens up about league's growing popularity, Taylor Swift's impact
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Biden not planning to attend COP28 climate conference in Dubai
- Strike over privatizing Sao Paulo’s public transport causes crowds and delays in city of 11 million
- CEO, former TCU football player and his 2 children killed while traveling for Thanksgiving
Recommendation
All That You Wanted to Know About She’s All That
Russian court extends detention of Wall Street Journal reporter Gershkovich until end of January
Yippy-ki-yay, it's 'Die Hard' season again
Climate funding is in short supply. So some want to rework the financial system
New data highlights 'achievement gap' for students in the US
Israel-Hamas cease-fire extended 2 days, Qatar says, amid joyous reunions for freed hostages, Palestinian prisoners
Antisemitic incidents in Germany rose by 320% after Hamas attacked Israel, a monitoring group says
Baltic nations’ foreign ministers pull out of OSCE meeting over Russian foreign minister attendance