Brooklyn Boro

New York Stock Exchange prices go ‘wacky’ Monday; dozens of trades halted

June 3, 2024 Brooklyn Eagle Staff
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NEW YORK CITY — THE NEW YORK STOCK EXCHANGE halted trading on dozens of stocks Monday morning — including Berkshire Hathaway and Chipotle — as the exchange investigated a technical issue related to a mechanism designed to prevent stock prices from swinging wildly, CNN reports. Berkshire’s Class A stock (BRK.A) was listed as trading at just $185.10, a price that would represent a loss of 99.97% from the company’s trading price of $627,400 on Friday.

“Something wacky is happening,” Joe Saluzzi, a market structure expert and the author of “Broken Markets,” told CNN.

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