Berkshire Hathaway resumes trade after NYSE glitch showed shares down 99.97%

The New York Stock Exchange on Monday morning said it resolved a technical problem that resulted in the halt of trading in stocks of several high-profile companies, including Class A shares of Warren Buffett’s Berkshire Hathaway Inc.

The shares resumed trading before midday Monday after a lengthy trading halt that appeared to show them changing hands for as low as $185.10, a drop of 99.97%. Experts said any trades actually executed at that level would almost certainly be invalidated.

Trading in the Berkshire shares BRK.A, 0.59% was halted at 9:50 a.m. ET. The first trade after resumption occurred at $648,000, up 3.3% on the day, for 1,476 shares at 11:35 a.m.

Shares of Barrick Gold GOLD, +1.99%, Chipotle CMG, -1.67% and several others were also halted, with some showing precipitous price declines.