FILE - People pass the New York Stock Exchange on Wednesday, May 29, 2024, in New York. Some U.S. companies saw the trading of their shares temporarily halted Monday, June 3, including at least one whose price briefly fell nearly 100%, following a technical issue for some stocks listed on the New York Stock Exchange. –
The New York Stock Exchange said in a trading update on Monday that trading was halted “in a number of stocks” following a technical issue related to the publication of some pricing data. “Impacted stocks have since reopened and the price bands issue has been resolved,”The exchange did not give a full list of stocks affected, but trading of Berkshire Hathaway's A-class shares wasEastern time, just before the NYSE first said it was investigating a technical issue.
The industry has just moved to a new system where the settlement of stock trades happen much faster than they used to. Now, most stock trades need to settle in one business day after a deal is made, instead of the prior requirement of two days.
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