The New York Stock Exchange resolved a technical issue on Monday that caused some major stocks, including Berkshire Hathaway, to show extreme price drops. This glitch, linked to industry-wide price bands designed to prevent wild stock swings, resulted in trading halts. Affected stocks have reopened, and the issue wasn't due to a cyberattack. The glitch, potentially tied to a new software release, was fixed using a secondary data center. Dozens of stocks, including Chipotle and Berkshire Hathaway, experienced temporary trading pauses. All erroneous trades for Berkshire during the glitch were canceled. The broader stock market remained mostly unaffected.
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