The New York Stock Exchange recently experienced a technical issue that led to trading halts for several stocks. Fortunately, the problem has been resolved, and all affected stocks have reopened for trading. The incident, which occurred about 15 minutes into the trading session, resulted in the halting of dozens of stocks, some of which displayed unusual stock prices.
One of the most notable cases was Berkshire Hathaway, the renowned holding company managed by Warren Buffett. During the disruption, the Class A shares of Berkshire Hathaway were briefly listed at an inexplicable price of $185, significantly lower than their typical value of over $600,000. This anomaly, representing a 99% drop in value, raised concerns among market participants.
