The New York Stock Exchange (NYSE) is currently investigating a technical issue that led to the halting of Berkshire Hathaway and numerous other stocks on Monday, May 21, 2024. The issue is connected to a mechanism intended to prevent extreme stock price fluctuations. Among the paused stocks are Chipotle and Berkshire Hathaway, the latter of which showed a dramatic price drop to $185.10, representing a 99.97% loss according to Refinitiv. The NYSE has not confirmed if these events are directly connected. Further details are pending as the investigation continues.
Technical issue halts trading of Berkshire Hathaway and others on NYSE
Investigation ongoing into the NYSE technical issue that caused the halt of trading for Berkshire Hathaway and other stocks, including Chipotle, on May 21, 2024. Berkshire Hathaway saw a dramatic price drop to $185.10, a 99.97% loss.