Berkshire Hathaway (NYSE: BRK.A) has seen its Class A shares halted by the New York Stock Exchange following a massive decline in its value. The equity last traded at $185.10, down $627,214.90, or 99.97%.
The halt comes with a code M, which is a halt that is induced for volatility reasons.
The firms Class B stock is unaffected so far by the halt, as well as by the sudden volatility.
It is currently unclear what has caused the equity to fall.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
