The New York Inventory Exchange reported Monday it was investigating a “technical issue” that was major to large fluctuations in the rates of specific stocks such as Warren Buffett’s Berkshire Hathaway.
According to a discover posted on its web page, the situation concerned “restrict up, restrict down bands,” which are made to limit volatility.
Some 50 stocks were afflicted, the web-site indicated.
NYSE buying and selling facts confirmed so-named Course A shares of Berkshire down 99% from its selling price higher than $620,000 a share.
Other shares affected bundled AMC Theaters, Chipotle, and Gamestop.
Earlier, Gamestop shares soared following trader Keith Gill, known as “Roaring Kitty” on social media, posted that he was escalating his wager on the inventory.
This is a acquiring story. Check back again for updates.
