NYSE says technical issue has been resolved and impacted stocks are reopening
CNN
The New York Stock Exchange said Monday that a technical issue causing trading halts for multiple stocks has been resolved.
The New York Stock Exchange said Monday that a technical issue causing trading halts for multiple stocks has been resolved. In an update, NYSE said that impacted stocks have since reopened or are in the process of reopening. The exchange said there was a “technical issue” with industry-wide price bands that “triggered halts in a number of stocks” listed on NYSE. NYSE noted that those price bands are published by the Consolidated Tape Association’s Security Information Processor (SIP). Dozens of stocks were paused earlier in the day, an indication they traded outside those so-called limit up-limit down bands, according to NYSE’s website. That list includes Chipotle and Berkshire Hathaway, the holding company run by legendary investor Warren Buffett. The impact from the glitch does not appear to be over, however. Berkshire Hathaway’s Class A shares are still listed as trading down 99.97%. Earlier, Berkshire’s Class A stock (BRK.A) was listed as trading at just $185.10, a price that would represent a loss of 99.97%, according to Refinitiv. Berkshire closed at $627,400 on Friday.
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