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 Gold bar scammers bilk nearly $1M from Maryland woman, police say READ MORE Incrementum: Monthly Gold Compass February 2024 READ MORE Dollar Gains as Market Awaits Fed Minutes; Pound Steady on Inflation Data READ MORE The Paradox of Gold: Prices Soar While Retail Investors Step Back READ MORE China's Economy Struggles Gain Momentum: Inflation and Factory Prices Disappoint READ MORE Add a Comment Cancel replyYour email address will not be published.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