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 $GOLD. This sudden plunge is attributed to a technical glitch, prompting the NYSE to halt trading and launch an investigation into the issue. The glitch caused significant volatility, with some stocks incorrectly showing massive losses, wiping out hundreds of billions in value. The NYSE is currently probing the technical issue to understand the cause and mitigate its impact, as reported by CNBC.
BREAKING: New York Stock Exchange (NYSE) probing "technical issue" after some stocks incorrectly show drops up to 99%. https://t.co/6mMVKuZGcJ
Berkshire Hathaway ($BRK.A) Plummets 99% in Market Glitch, $628,800 Loss https://t.co/RnGRKMcmn8
🚨🇺🇸BREAKING: BERKSHIRE HATHAWAY DROPS 99%?! New York Stock Exchange investigating "technical issue" after some stocks incorrectly show drops up to 99%. Source: BNO https://t.co/Mm8rnc1SrU
BREAKING: New York Stock Exchange (NYSE) probing "technical issue" after some stocks incorrectly show drops up to 99% https://t.co/uXvtpJ85RL
🚨 NEWS: @gurgavin reports that a likely glitch caused several companies' stocks, including Warren Buffett's Berkshire Hathaway, to drop 99% in seconds, prompting an NYSE investigation. https://t.co/M8e7t6f0EQ
NYSE technical issue impacting some stock prices, incorrectly showing Berkshire Hathaway down 99% via @CNBC https://t.co/ac2mY2LH7t
BREAKING: 🇺🇸 Warren Buffett’s Berkshire Hathaway down 99% due a glitch affecting multiple companies and “wiping out” hundreds of billions in value. https://t.co/fIWaUvfJEZ
New York Stock Exchange investigating "technical issue" after some stocks incorrectly show drops up to 99% https://t.co/xIJ1AjCMBZ
MULTIPLE NYSE STOCKS SHOWING VOLATILITY TRADING HALTS, SOME DOWN 99% NYSE EQUITIES INVESTIGATING REPORTED TECHNICAL ISSUE
NOW: Berkshire Hathaway is down 99.9% in an apparent market glitch 😮 https://t.co/qpgvYGgAlx
BREAKING: The New York Stock Exchange Equities is investigating technical issues after multiple stocks halt down 99% like $BRK.A, Berkshire Hathaway Class A, and $GOLD.
BREAKING 🚨 $BRK.A Berkshire Hathaway stock has been halted, down 99.97% after glitch WHAT IS HAPPENING RIGHT NOW?! Follow along 👇 https://t.co/EuYG4Q9beA
📣 BREAKING: $BRK.B Warren Buffett's Berkshire Hathaway stock plummets 99.99% – likely due to a technical error! 🚨