Last night, due to a malfunction at the New York Stock Exchange, $Berkshire Hathaway(BRK.A)$ plummeted to $185. $Bank of Montreal(BMO)$, $Barrick Gold Corp(GOLD)$, $NuScale Power(SMR)$, and other stocks fell by 99%.If you had noticed Berkshire Hathaway drop to $185 yesterday, would you have bought it?NYSE responded thatAll erroneous trades due to the technical issue will be canceledAll anomalous trades of Berkshire Hathaway during a specific period were invalidated.In 2005, a Tokyo trader's mistake led to a $390 million loss for Mizuho Securities. Instead of entering “sell 1 share at 610,000 yen,” he mistakenly input “sel
-99%! Have You Seen Any Other Outages?
Another malfunction in the US stock market! Berkshire's share price once dropped by 99% to $185 during trading. NYSE responds: Technical issue, trade invalid. --------------- If you got chance, would you buy Berkshire at $185 even invalid afterwards? Have you seen any other outages? Are we living in a virtual world with bugs or a real world with frequent outages?
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