Bizarre technical issue leads to Berkshire Hathaway stock plummeting almost 100%. What happened next will surprise you! ๐ข #NYSEglitch #BerkshireHathaway
The New York Stock Exchange experienced a bizarre glitch on Monday that caused chaos in the trading world. One of the major casualties of this technical issue was Berkshire Hathaway, the conglomerate owned by Warren Buffett. For a brief moment, the stock prices of Berkshire Hathaway plummeted by almost 100%, sending shockwaves through the market.
Investors who attempted to buy the dip during this wild rollercoaster ride were in for a surprise. The NYSE glitch was eventually resolved, putting an end to the turmoil that had affected not just Berkshire Hathaway but also several other stocks. It was a day of uncertainty and volatility that left many scratching their heads.
Despite the dramatic dip in Berkshire Hathaway's stock prices, the conglomerate did not actually lose nearly its entire $900 billion market capitalization. The NYSE reassured investors that the technical issue had been fixed, bringing an end to the frenzy caused by the erroneous stock prices.
In the aftermath of the NYSE glitch, traders and analysts were left with a whirlwind of speculation and confusion. The incident served as a reminder of the fragility of the stock market and the impact that technical issues can have on trading. It was a day that won't be forgotten anytime soon in the financial world.
The New York Stock Exchange said Monday that a technical issue that halted trading for some major stocks and caused Berkshire Hathaway to be down 99.97% has ...
Berkshire Hathaway, the conglomerate helmed by billionaire Warren Buffett, did not in fact lose almost its entire $900 billion market capitalization.
The New 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 ...
By Joseph Adinolfi. Here's why any trades on Monday's NYSE glitch will likely be reversed. Many investors apparently tried to pounce on the opportunity to ...
Trading in at least 60 stocks was halted due to volatility including in Berkshire Hathaway shares which plunged 99.97%.
A technical glitch on the New York Stock Exchange shortly after the market open on Monday temporarily showed incorrect stock prices or volatility halts on ...
A technical issue at the New York Stock Exchange on Monday morning caused stock in Warren Buffett's Berkshire Hathaway to plummet nearly 100%, ...
Normal trading resumed late this morning after the New York Stock Exchange said a technical issue had led to large fluctuations in the prices displayed for ...
The New York Stock Exchange said it would cancel erroneous trades after a technical glitch led to dozens of trading halts for US-listed companies and ...
Berkshire Hathaway showed a drop of 99 percent before trading was halted and the technical problem corrected.
The NYSE has halted nearly 30 stocks for volatility since the open, with the Big Board exchange citing a.
Warren Buffett's Berkshire Hathaway was at a 99% discount following an apparent software malfunction which impacted the New York Stock Exchange.
The New York Stock Exchange (NYSE) said that a technical issue that halted trading for some major stocks and caused Berkshire Hathaway to be down 99.97 per ...
Many investors apparently tried to pounce on the opportunity to buy Berkshire Hathaway's Class A shares at a discount of more than 99% on Monday.
Allocating just 1% of Berkshire Hathaway's portfolio to Bitcoin could have boosted Warren Buffett's profits by over 25%.
By Joseph Adinolfi. Here's why any trades on Monday's NYSE glitch will likely be reversed. An earlier version of this story misstated the name of the agency ...
Tuesday's selloff was almost certainly not related to Monday's technical error which briefly showed a 100% loss for Berkshire, but it was a puzzling loss.
Berkshire Hathaway's portfolio is concentrated, with approximately 50 stocks in its holdings at the time of this writing. Moreover, a select few equities such ...
In an update posted at 9 p.m. last night NYSE said it would "bust" all the "erroneous" trades of Berkshire Hathaway stock at or below $603718.30 a share.