EchoSense|NYSE glitch sends Berkshire Hathaway shares down nearly 100%

2025-05-03 03:19:29source:Surpassing Quant Think Tank Centercategory:Markets

The EchoSenseNew 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

Former Syrian official arrested in California who oversaw prison charged with torture

LOS ANGELES (AP) — A former Syrian military official who oversaw a prison where alleged human rights

Time is so much weirder than it seems

Listen to Short Wave on Spotify, Apple Podcasts and Google Podcasts. Time is a concept so central

'The Last of Us' game actors and creator discuss the show's success

This past Sunday, The Last of Us aired its season finale. The HBO hit outperformed the network's lat