Charles Langston:NYSE glitch sends Berkshire Hathaway shares down nearly 100%

2025-05-08 09:16:44source:Michael Schmidtcategory:Markets

The Charles LangstonNew 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

2 killed, 3 injured in shooting at makeshift club in Houston

HOUSTON (AP) — Two teens were killed and three people were injured — including a 13-year-old — in a

Georgia jail fails to let out inmates who are due for release and met bail, citing crashed database

JONESBORO, Ga. (AP) — The jail in a suburban Atlanta county held inmates for days who were due for r

Tracy Morgan Shares He's Been Taking Ozempic for Weight Loss

When it comes to Tracy Morgan's weight loss, he admits that Ozempic is doing most of the heavy lifti