Loading...
Loading...
Browse all stories on DeepNewz
VisitWill NYSE issue refunds or corrections for affected trades on June 3, 2024 by December 31, 2024?
Yes • 50%
No • 50%
Official NYSE announcements or press releases
NYSE Investigates Technical Glitch After Berkshire Hathaway Stocks Plummet 99%, Wiping Out Billions
Jun 3, 2024, 02:20 PM
On June 3, 2024, Berkshire Hathaway's stock, including both $BRK.B and $BRK.A, experienced a dramatic drop of nearly 99%, a situation mirrored by several other stocks on the New York Stock Exchange (NYSE), including $GOLD. This sudden plunge is attributed to a technical glitch, prompting the NYSE to halt trading and launch an investigation into the issue. The glitch caused significant volatility, with some stocks incorrectly showing massive losses, wiping out hundreds of billions in value. The NYSE is currently probing the technical issue to understand the cause and mitigate its impact, as reported by CNBC.
View original story
Decrease by more than 5% • 25%
Decrease by 1-5% • 25%
No significant change (within ±1%) • 25%
Increase • 25%
Yes • 50%
No • 50%
No • 50%
Yes • 50%
Both • 34%
Enhanced security measures • 33%
New trading platform • 33%
Fully recovered • 33%
Not recovered • 34%
Partially recovered • 33%