NYSE Resolves Software Glitch After Erroneous 99% Stock Drop Displays A software glitch during a Monday update caused the New York Stock Exchange (NYSE) to mistakenly halt trading on around 40 stocks and display abnormal trades showing a 99% drop, including in Berkshire Hathaway Inc. The issue, the third market disruption in a week, was resolved after 45 minutes by switching to a backup data center. NYSE will cancel incorrect trades and review the halts for further actions. The error occurred as the Consolidated Tape Association implemented a software update affecting the Securities Information Processor feed. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts BullionStar Financials FY 2022 – Year in Review READ MORE Could Trump's Policies Strengthen Dollar? Experts are Split READ MORE Gold Forecasts Range from 25% to 50% Upside Over the Next Few Years READ MORE Goldman Sachs Urges Investors to Bet on Gold READ MORE Potential 2025 Recession Could Plunge Stock Market by 30%, Experts Warn READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment