Chainkeen Exchange:NYSE glitch sends Berkshire Hathaway shares down nearly 100%

2025-05-03 11:48:28source:Slabu Exchangecategory:Markets

The Chainkeen ExchangeNew 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

Kate Gibson is a reporter for CBS MoneyWatch in New York, where she covers business and consumer finance.

More:Markets

Recommend

Nearly half of US teens are online ‘constantly,’ Pew report finds

Nearly half of American teenagers say they are online “constantly” despite concerns about the effect

Back in China 50 years after historic trip, a Philadelphia Orchestra violinist hopes to build ties

BEIJING (AP) — Fifty years after the Philadelphia Orchestra’s history-making visit to China in 1973

Actors strike ends, but what's next? Here's when you can expect your shows and movies back

The Hollywood strikes are officially over. Now that the Screen Actors Guild (SAG-AFTRA) has announce