NYSE glitch sparks volatility in Berkshire Hathaway and dozens of stocks
Briefly

from www.aljazeera.com5 months ago
Trading in at least 60 stocks halted due to NYSE glitch, causing Berkshire Hathaway shares to plummet 99.97% before swift recovery.
www.aljazeera.comhttps://www.aljazeera.com/economy/2024/6/3/nyse-glitch-sparks-volatility-in-berkshire-hathaway-and-dozens-of-stocks
NYSE resolved technical issue, with Berkshire Hathaway shares dropping to $185.10 from $627,400 before rebounding to over $700,000.
www.aljazeera.comhttps://www.aljazeera.com/economy/2024/6/3/nyse-glitch-sparks-volatility-in-berkshire-hathaway-and-dozens-of-stocks
Limit Up-Limit Down bands at NYSE aim to prevent extreme price movements; introduced after 2010 flash crash wiping out $1 trillion in market capitalization.
www.aljazeera.comhttps://www.aljazeera.com/economy/2024/6/3/nyse-glitch-sparks-volatility-in-berkshire-hathaway-and-dozens-of-stocks
Read at www.aljazeera.com
#nyse #berkshire-hathaway #technical-glitch #volatility #flash-crash
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