(Reuters) -Interactive Brokers on Wednesday disclosed a $48 million loss due to a glitch at the New York Stock Exchange earlier this month that at one point showed a 99% drop in the stock prices of some companies, including Warren Buffett’s Berkshire Hathaway. The brokerage firm had filed claims with the NYSE to compensate it […]
Tag: GLITCH
A Boeing 737 was only 10 feet off the ground as it cleared the runway when a software glitch meant it didn’t have enough thrust
A Boeing 737 barely cleared the runway in an incident in the UK. The pilots didn’t notice they set the thrust too low, but the autothrottle also had a fault. According to investigators, Boeing said the auto-throttle has “a long history of nuisance disconnects.” A Boeing 737 barely managed to clear a runway following a […]
Some Berkshire Hathaway investors tried buying the dip during Monday’s glitch — but ended up with shares at full price instead
Some Berkshire Hathaway investors tried to buy steeply discounted Class A shares during Monday’s trading glitch. That didn’t work out too well. – Getty Images Many investors likely tried to buy what appeared to be a more than 99% dip in Berkshire Hathaway Inc. Class A shares during Monday’s New York Stock Exchange trading glitch. […]
Traders who scooped up Warren Buffett’s Berkshire Hathaway shares at a massive $620,000 discount during glitch will have their deals canceled by the NYSE
Investors who purchased shares in Warren Buffett’s Berkshire Hathaway yesterday at a huge discount will see their trades canceled following a technical issue on the stock exchange. On June 3, a data glitch led the global conglomerate’s stock price to fall to $185 a share, having previously closed at over $620,000. The drop meant a […]
Trades after NYSE glitch will ‘certainly be cancelled’
STORY: At least 60 stocks listed on the NYSE were halted due to volatility and some stocks showed unusual outsized movements. Berkshire Hathaway and Barrick Gold shares were shown to be down 99.97% and 98.54%, respectively, due to the technical issue, before those trades were corrected. “Any trades that were placed outside of normal market […]
Glitch at New York Stock Exchange Throws Markets Into Chaos
Photo: Michael M. Santiago (Getty Images) The New York Stock Exchange (NYSE) said it was investigating a technical issue on Monday morning that caused roughly a dozen stocks, including Chipotle and GameStop, to experience volatility halts, according to Bloomberg. Berkshire Hathaway and the Bank of Montreal appeared to briefly trade at a 99% discount to […]
Technical issues briefly halt trading for some NYSE stocks in the latest glitch to hit Wall Street
NEW YORK (AP) — A technical issue caused the temporary halt for some stocks listed on the New York Stock Exchange Monday, including at least one whose price briefly fell nearly 100%. Berkshire Hathaway, the company run by famed investor Warren Buffett, saw its A-class shares plunge 99.97% to $185.10 from Friday’s closing price of […]
Berkshire Hathaway stock appears to drop 99.9% after NYSE technical glitch
A technical glitch on the New York Stock Exchange on Monday morning showed incorrect stock prices or volatility halts on several stocks, most notably a 99.9% drop in the price of Warren Buffett’s Berkshire Hathaway (BRK-A) A-shares. Berkshire Hathaway (BRK-B) B-shares, which trade at 1/1,500th the price of the A-shares, were down as much as […]
NYSE Glitch Halts About a Dozen Stocks In Error
(Bloomberg) — An apparent glitch at the operator of the New York Stock Exchange triggered volatility trading halts in about a dozen companies, including Chipotle Mexican Grill Inc. Most Read from Bloomberg NYSE confirmed in a statement that it was having issues. “NYSE Equities is currently investigating a reported technical issue,” the firm said in […]
South African election results portal goes blank in apparent glitch
MIDRAND (Reuters) -An apparent glitch on the website of South Africa’s electoral commission on Friday morning meant that the results page from this week’s parliamentary election stopped updating and went blank. As of 0630 GMT, the results page showed the vote count as 0% complete after it had previously been showing results from more than […]
Russia’s most modern battle tank hit by ‘disco head’ glitch
Russia’s most modern battle tank has been struck down by a “disco head” glitch that sends its turret spinning out of control. The mysterious fault has hit the T-90 – dubbed the “best tank in the world” by Vladimir Putin – on numerous occasions after it has come under fire from Ukrainian forces. The worst […]
A ‘cosmic glitch’ in the universe is forcing astronomers to rethink Einstein’s theory of relativity
For over a century, Einstein’s general theory of relativity has been key to understanding gravity. But new research suggests this theory “glitches” in the farthest reaches of space. That doesn’t mean we’re throwing Einstein’s theory out the window. But it may need a slight tweak. Over the last 100 years, countless studies have proven that […]