Shares of world's largest companies suddenly plummet amid NYSE 'glitch'


Stocks in some of the world's largest countries have suddenly plummeted amid an apparent technical problem on the New York Stock Exchange.

Shares of investment firm Berkshire Hathaway appeared to have fallen 99.97 percent due to the problem. Those stocks are normally among the most traded on Wall Street, but on Monday they appeared to have lost almost all their value.

Trading for the affected companies – which also included corporations like Chipotle – was halted due to the volatility.

It was unclear how many shares were affected in total.

The exchange said it was investigating the issue, which appeared to be due to a computer issue.

The issue was related to Limit Up-Limit Down bands, he said, which are typically set to ensure that trades cannot be made significantly above or below the price of a coin.

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