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Monday, 06/03/2024 9:17:09 PM

Monday, June 03, 2024 9:17:09 PM

Post# of 47132
I know it's not normally done here but, On my X Twitter Feed today was this little gem.
Quoted from Yahoo FInance, the Stock was halted at 185.10 USD down -627,214.90

"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 several stocks, most notably a 99.9% drop in the price of Warren Buffett's Berkshire Hathaway (BRK-A) A-shares.

Berkshire Hathaway (BRK-B) B-shares, which trade at 1/1,500th the price of the A-shares, were down as much as 1.1% on Monday and appeared largely unaffected by the error, though volatility was pronounced in both issues as A-shares reopened for trading near 11:35 a.m. ET.

A NYSE spokesperson later said "a technical issue involving industry-wide price bands published by the Consolidated Tape Association’s Securities Information Processor triggered “limit-up/limit down” trading halts on up to 40 symbols listed on NYSE Group exchanges.

Price bands on securities prevent outsized volatility or extreme movements. The spokesperson said shortly before noon, the issue was resolved and trading in the impacted stocks resumed."

Buy from the scared ???

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