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Stock Market Glitch Shows Berkshire Hathaway Stock Down 99% As Nyse Deals With Technical Issues

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Finviz

  • Technical issues at the New York Stock Exchange displayed incorrect stock prices on Monday.
  • Shares of Berkshire Hathaway Class A shares appeared to be down 99.97%.
  • "NYSE Equities is currently investigating a reported technical issue," the exchange said in a statement.

A technical glitch at the New York Stock Exchange led to some stocks displaying incorrect prices in early Monday trades.

Class A shares of Berkshire Hathaway appeared to be down 99.97% to just $185.10 per share. The incorrect share price data showed the stock losing more than $627,000 in value on trading volume of just over 3,000 shares.

Class A shares of Berkshire Hathaway closed at $627,400 on Friday.

Shares of Barrick Gold and NuScale Power Corporation also appeared to be down 99% because of the glitch, while shares of Grupo Aeroportuario Del Sureste were down 66%. Chipotle stock was also impacted, though it appears to only be down 1.2%. 

All impacted stocks are listed on the New York Stock Exchange, and trading in all affected shares was halted midmorning.

"NYSE Equities is currently investigating a reported technical issue. Additional information will follow as soon as possible," the company said in a statement.

The New York Stock Exchange is owned by Intercontinental Exchange.

Read the original article on Business Insider

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