Apex Trader Funding - News
New York Stock Exchange is investigating technical issue as dozens of stocks are halted
New York
CNN
—
The New York Stock Exchange is investigating a technical issue on Monday as Berkshire Hathaway and dozens of other stocks are halted.
NYSE said the technical issue is related to a mechanism designed to prevent stock prices from swinging wildly.
Dozens of stocks are paused because 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.
Berkshire’s Class A stock is listed as trading at just $185.10, a price that would represent a loss of 99.97%, according to Refinitiv.
It’s not clear if the issues are related.
NYSE said it continues to investigate and did not provide additional comment to CNN.
This is a developing story and will be updated.