Rob Wile
NBCMon, 03 Jun 2024 14:59 UTC
© REUTERS/Andrew KellyFILE: The Dow Jones Industrial Average is displayed after closing bell on floor of the New York Stock Exchange (NYSE)
Normal trading resumed late Monday morning after the New York Stock Exchange said a technical issue had led to large fluctuations in the prices displayed for certain stocks, including Warren Buffett's
Berkshire Hathaway.
A little after 11 a.m. ET, the NYSE said the issue had affected the main electronic stock price publisher, but that most stocks had since reopened or were in the process of reopening.
Earlier, NYSE said the issue involved "limit up, limit down bands," which are designed to limit volatility.Some 50 stocks were affected,
the website indicated, and trades in those companies was halted.
The issue caused the NYSE to
incorrectly show so-called Class A shares of Berkshire down 99% from their price of about $620,000 a share. Those shares resumed trading at normal levels around 11:35 a.m. ET.
Other shares affected
included AMC Entertainment, Chipotle and GameStop.
Earlier, GameStop shares
soared after trader Keith Gill, known as "Roaring Kitty" on social media, apparently posted that he was increasing his bet on the stock.
An NYSE representative referred a request for comment to its website.
Comment: Voice of Europe reports:
Since Monday morning, the Czech Post has been grappling with a significant outage affecting its services. The official website and related services have been inaccessible, as confirmed by postal representatives.
Readers who contacted Novinky reported that the Czech Post websites went down around 11 a.m. In addition to the website, Czech Point services are also disrupted, preventing the sending of data messages.
Postal representatives confirmed the issues, stating, "We apologize for the temporary outage of the Czech Post website and related services, we are working on a fix." The cause of the outage remains unclear, with no information provided on whether it is due to a technical fault or a hacker attack.
There is also no clear timeline for when the website and services will be restored.
Unexplained outages and cyberattacks appear to be on the rise across much of the planet, and they're affecting everything from payment and emergency services, airports, to government voting systems.
Notably, this rise follows warnings (threats?) from the World Economic Forum of a looming cyberpandemic, and, more recently, the UK's deputy PM telling citizens to stockpile just 3 days worth of supplies in the event of some kind of serious systems outage:
Comment: Voice of Europe reports: Unexplained outages and cyberattacks appear to be on the rise across much of the planet, and they're affecting everything from payment and emergency services, airports, to government voting systems.
Notably, this rise follows warnings (threats?) from the World Economic Forum of a looming cyberpandemic, and, more recently, the UK's deputy PM telling citizens to stockpile just 3 days worth of supplies in the event of some kind of serious systems outage: