NYSE technical error sends stocks tumbling

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Exchange said the problem involves limit bands designed to prevent volatility

A glitch at the New York Stock Exchange has caused several high-profile stocks to rapidly lose value before being locked from trading.The notice was updated to add that it was triggered by an issue with"industry-wide price bands published by the CTA SIP" that triggered halts in several stocks, which have since reopened.

NYSE still hasn't shared a cause for the issue, and said it is still investigating. We've asked for comment and will update this breaking story as we learn more. ®The New York Stock Exchange has blamed the situation on a technical error, and says the issue has now been fixed: "After the market opened on the morning of June 3, 2024, a technical issue involving industry-wide price bands published by the Consolidated Trade Association’s Securities Information Processor triggered 'limit-up/limit down' trading halts on up to 40 symbols listed on NYSE Group exchanges.

"Shortly before noon, the issue was resolved and trading in the impacted stocks resumed. A list of the affected symbols is posted below. The NYSE is reviewing potentially impacted trades."Building cheaper, greener 5G networksUS-EAST-1 region is not the cloudy crock it's made out to be, claims AWS EC2 boss

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