New York Stock Exchange investigating 'technical issue' that showed Berkshire Hathaway share price dropping 99%

NBC News ^ | 6/3/2024 | Rob Wile

[wastedyears]

The New York Stock Exchange said Monday it was investigating a "technical issue" that was leading to large fluctuations in the prices of certain stocks including Warren Buffett's Berkshire Hathaway.

[wastedyears]

Suuuuure, a "technical issue" caused that.

[JSM_Liberty]

By technical error they mean someone did something stupid

[CatOwner]

Trial run for individual accounts (savings, IRAs, ...)

[dfwgator]

[moovova]

Shoulda bought.

[ClearCase_guy]

Reminds of the casinos that don’t pay out the jackpot because, you know, a glitch.

[I-ambush]

Were purchases made at the reduced price allowed to go through?

[Sirius Lee]

Is Fat Finger back?

[bankwalker]

probably not ...

[E. Pluribus Unum]

I have a Liberal former friend (he became enraged when I called him out on the election theft where he used a Soros “fact check” site to prove the election wasn’t stolen. He worships György Schwartz.)

He thinks he is a financial genius because he put all his money into Warren Buffett’s slush fund.

Warren is going to pull the rug out from under him one of these fine days.

[Jonny7797]

wonder if someone was able to buy at the artificial price.

[lewislynn]

Reminds of the casinos that don’t pay out the jackpot because, you know, a glitch.

In 196_ I lived in Las Vegas.

There was a small casino on the strip called The Silver Slipper. Someone hit a keno ticket for $25,000.

The casino didn't or couldn't pay. Within hours the Nevada Gaming commission was there chaining and locking the doors shut.

[desertsolitaire]

What percentage of big casino slot machine jackpot winners are denied because it was a “machine malfunction” and no money is paid out? Especially seem to read about it at Indian casinos.

[delta7]

We will never know what happened….nefarious comes to mind? ….a trial run perhaps?

I do believe the world’s financial system is going to find out the negatives of electronic shares, high frequency trading, stocks “ owned” in Street name ( no , you do not own them, your brokerage is the owner, you are beneficiary)…the next “ event” will bring everything into the light.

[Ezekiel]

Turn the machines back on!

[Leaning Right]

Someone probably just forgot to change the batteries on the pricing machine. No big deal.

[PghBaldy]

Warren Buffet, who is a crook, could have blown a gasket.

[Billthedrill]

[SaveFerris]

It’s “The Price is Right”, Happy

😂😆🤣😜

[SaxxonWoods]

Dang, I missed my chance to buy BRK.B for like $4 a share!!!??