NYSE technical issue impacting stock prices

By Around the Web

(Image by Oleg Gamulinskiy from Pixabay)

(CNBC) — A technical issue on Monday caused the A-class shares of Warren Buffett’s Berkshire Hathaway to appear to be down nearly 100% on the New York Stock Exchange for most of the morning trading period.

Trading was halted in those shares, as well as in Barrick Gold and Nuscale Power, which had also seen dramatic falls. All three stocks have since resumed trading.

The NYSE said that the problems stemmed from the price-bands published by the Consolidated Tape Association, the organization used by major exchanges to jointly provide real-time stock quotes. The NYSE said at roughly 11:45 a.m. ET that the issues had been resolved and trading was back to normal. A spokesperson said the exchange is reviewing potentially impacted trades.

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