Volatility halts hit numerous NYSE-listed stocks in error

An apparent glitch at the operator of the New York Stock Exchange triggered volatility trading halts shortly after the open in about a dozen companies, including Chipotle Mexican Grill Inc. and Abbott Laboratories. NYSE said it was having issues pertaining to the limit up-limit down trading bands, which typically govern when stocks are paused for volatility. The sudden disruptions come just days after a glitch last week left the S&P 500 Index without live pricing for an hour, and as the market adapts to quicker settlement times for US stock trades. “NYSE Equities is currently investigating a reported technical issue,” according to an online status page. “Additional information will follow as soon as possible.” A representative for NYSE declined to comment on the matter beyond the exchange’s market status update page. Intercontinental Exchange Inc. is the owner of the New York Stock Exchange. In addition to the volatility halts, there were at least two trades that went off at prices that seemed erroneous. Class A shares of Berkshire Hathaway Inc. changed hands at $185.10, adiscount of 99.97% to Friday’s closing price of $627,400. NuScale Power Corp. had a similar glitch, with trades that printed at about 99% below the prior...

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