NYSE technical trading glitch hits Berkshire Hathaway, others

The New York Stock Exchange experienced a technical glitch impacting a handful of stocks, including Barrick Gold and Warren Buffett’s Berkshire Hathaway, which was shown to be down nearly 100% before the issue was fixed shortly before noon Eastern time.

“A technical issue with industry-wide price bands published by the CTA SIP triggered halts in a number of stocks listed on the NYSE Group exchanges this morning.  Impacted stocks have since reopened (or are in the process of reopening) and the price bands issue has been resolved,” the exchange said.

TickerSecurityLastChangeChange %
BRK.ABERKSHIRE HATHAWAY INC.630,000.01+2,600.01+0.41%
GOLDBARRICK GOLD CORP.17.25+0.17+1.02%

Multiple trading halts, which can occur when there is excess buying or selling or if there is news anticipated, were listed on the exchange’s site. 

GAMESTOP SHARES SURGE GAIN ON NEW ROARING KITTY POST

Berkshire’s A class stock was impacted. Trading in the B-class shares appeared normal. 

Shares of the NYSE’s parent company, Intercontinential Exchange, were marginally lower. There were no trading issues reported by rival Nasdaq. 

TickerSecurityLastChangeChange %
ICEINTERCONTINENTAL EXCHANGE INC.133.16-0.74-0.56%
NDAQNASDAQ INC.58.64-0.39-0.66%

The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite were little changed.

TickerSecurityLastChangeChange %
I:DJIDOW JONES AVERAGES38369.8-316.52-0.82%
SP500S&P 5005256.26-21.25-0.40%
I:COMPNASDAQ COMPOSITE INDEX16731.102507-3.91-0.02%

GET FOX BUSINESS ON THE GO BY CLICKING HERE 

FOX Business’ Christopher Mulligan contributed to this report

Source link

NYSE technical trading glitch hits Berkshire Hathaway, others #NYSE #technical #trading #glitch #hits #Berkshire #Hathaway

Source link Google News

Source Link: https://www.foxbusiness.com/markets/nyse-technical-trading-glitch-hits-berkshire-hathaway-others.amp

NYSE technical trading glitch hits Berkshire Hathaway, others:

Constellation Research Founder R. ‘Ray’ Wang weighs in on which stocks will perform best with Art…

Author: BLOGGER