Beauty After the stock opened on the evening of yesterday (3rd), extreme abnormal market conditions suddenly occurred. Several stocks collapsed by more than 98% without warning. Among them, the one that attracted the greatest attention was the Class A shares of Berkshire Hathaway Investment Company, owned by the stock god Buffett. Its stock price plummeted by an unprecedented 99.97% from US$627,400 to US$185.1, and trading was suspended.
made many investors dumbfounded when they saw it. Some people in the community also ridiculed that the stock gods also played RugPull.
Due to technical failure of the New York Stock Exchange
Fortunately, according to Fox News, it will be laterReport, the reason for such abnormal market conditions is due to a technical failure of the New York Stock Exchange. A spokesman for the New York Stock Exchange also said:
The technical department is currently investigating this technical issue and we will update more information in a timely manner.
According to observations, the stock prices of technology giants such as Apple, Tesla, Huida, etc. have not been abnormal, and the four major U.S. stock indexes also show normal performance. Only a few stocks such as Berkshire Hathaway, Bank of Montreal and Barrick Gold experienced abnormalities.
Investors are buying like crazy
Faced with the almost cabbage price of Berkshire stock, many quick-responsive investors began to frantically place orders to buy. However, according to past cases, even if the stock is bought now, the transaction will not be completed in the end. So fast traders may be disappointed.
But fortunately, it was just a false alarm. After all, if Berkshire Hathaway's stock fell so violently, it would really be the end of the world for the U.S. stock market. 
01:00 Update》Return to normal, anyone lucky enough to buy successfully?
After emergency repairs, the stock prices of Bank Of Montreal and Barrick Gold have recovered one after another. Shortly after 0:00 a.m. on June 4, Taiwan time, the share price of Berkshire's Class A shares on Google Finance had risen to US$627,100.
Interestingly, inThreads A user named andycl99 on the platform pointed out that around 9:50 last night Taiwan time, there seemed to be buy orders one after another, buying 46 shares at US$185.1 per share. This means that if the purchase is successful, the investor can make a huge profit of US$30 million in a short period of time.
However, the netizen later added that even if you go in alone, you probably won’t be able to eat it.
I think there is a high probability that the order book transaction system is also wrong, because simply placing a buy price of 185.1 requires someone to place a sell offer at this price at the same time for matching...
