- Technical issues at the New York Stock Exchange led to stock prices being displayed incorrectly on Monday.
- Berkshire Hathaway’s Class A shares fell 99.97% in about two hours.
- The NYSE fixed the glitch around 11:45 a.m.
A technical glitch at the New York Stock Exchange caused some stocks to display incorrect prices on Monday.
The technical glitch lasted for about two hours, halting trading for about a dozen affected stocks. The technical error, which originated from the Consolidated Tape Association’s real-time stock quotes, was fixed by about 11:45 a.m.
During the outage, Berkshire Hathaway’s Class A shares fell 99.97% to just $185.10 per share. The erroneous stock data showed the stock price lost more than $627,000 on trading volume of just over 3,000 shares.
Berkshire Hathaway’s Class A shares closed at $627,400 on Friday. The stock reopened at $648,000 at 11:36 a.m.
Shares of Barrick Gold and NuScale Power Corp. also fell 99% at one point due to the outage, while shares of Grupo Aeroportuario del Sureste fell 66%. Chipotle shares were also affected, but were down only 1.2% before trading was halted.
The New York Stock Exchange is owned by the Intercontinental Exchange.
