NYSE technical trading glitch hits Berkshire Hathaway, others

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The New York Stock Exchange experienced a technical glitch impacting a handful of stocks, including Barrick Gold and Warren Buffett’s Berkshire Hathaway, which was shown to be down nearly 100% before the issue was fixed shortly before noon Eastern time.

“A technical issue with industry-wide price bands published by the CTA SIP triggered halts in a number of stocks listed on the NYSE Group exchanges this morning.  Impacted stocks have since reopened (or are in the process of reopening) and the price bands issue has been resolved,” the exchange said.

Ticker Security Last Change Change %
BRK.A BERKSHIRE HATHAWAY INC. 625,052.49 -2,347.51 -0.37%
GOLD BARRICK GOLD CORP. 17.34 +0.26 +1.52%

Multiple trading halts, which can occur when there is excess buying or selling or if there is news anticipated, were listed on the exchange’s site. 

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Berkshire’s A class stock was impacted. Trading in the B-class shares appeared normal. 

Shares of the NYSE’s parent company, Intercontinential Exchange, were marginally lower. There were no trading issues reported by rival Nasdaq. 

Ticker Security Last Change Change %
ICE INTERCONTINENTAL EXCHANGE INC. 133.55 -0.35 -0.26%
NDAQ NASDAQ INC. 58.69 -0.34 -0.58%

The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite were little changed.

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 38430.57 -255.75 -0.66%
SP500 S&P 500 5262.04 -15.47 -0.29%
I:COMP NASDAQ COMPOSITE INDEX 16746.937807 +11.92 +0.07%

 

FOX Business’ Christopher Mulligan contributed to this report

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