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 …NEW YORK —
Throughout the halt, Berkshire Hathaway’s lower-priced B-class shares, which typically trade in concert with the A-class shares, seemed to trade more normally. The issue related to information published by Consolidated Trade Association, which gives ranges for a stock’s price that can halt its trading for volatility if breached. The association said a new software release may have caused the issue, and it resolved the problem by switching over to a secondary data center.
It’s not the first glitch to hit Wall Street recently. Last week, S&P Dow Jones Indices said an issue prevented the publication of real-time pricing for its widely followed S&P 500 index for more than an hour during Thursday’s late-morning trading.
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