New York CNN —The New York Stock Exchange is investigating a technical issue on Monday as Berkshire Hathaway and dozens of other stocks are halted.
NYSE said the technical issue is related to a mechanism designed to prevent stock prices from swinging wildly.
Dozens of stocks are paused because they traded outside those so-called limit up-limit down bands, according to NYSE’s website.
Joe Saluzzi, co-founder of Themis Trading, told CNN that the technical issues don’t appear to be impacting the broader market.
However, Barrick Gold (GOLD), a Canadian gold and copper producer, was displayed as trading at just 25 cents — down 98.5% on the day, according to Refinitiv.
Persons:
Berkshire Hathaway, Warren Buffett, It’s, Emily Pan, Joe Saluzzi, Themis Trading, ”, Saluzzi, NuScale
Organizations:
New, New York CNN, The New York Stock Exchange, Berkshire, NYSE, CNN, Nasdaq, Securities and Exchange Commission, Themis, ”, Barrick
Locations:
New York, Berkshire, Refinitiv . Berkshire, Chipotle, ” Besides Berkshire