Market Breaks As Multiple NYSE Trading Halts See Entire Berkshire Market Cap Wiped Out

Something snapped just after 9:40 am, when as the market was still reeling from the latest idiotic move in meme stonks, we just saw one of the world’s largest companies – Berkshire Hathaway – wipe out just about 100% of its value and crash to basically zero…

… amid a cascading wave of trading halts sparked by a break at the NYSE:

• *MULTIPLE NYSE STOCKS SHOWING VOLATILITY TRADING HALTS

… which the exchange quickly admitted it was at fault for.

• *NYSE EQUITIES INVESTIGATING REPORTED TECHNICAL ISSUE

The full list of halts can be found on the NYSE site and includes the following names:

Among other notable names that crashed and were halted on a Limit Up, Limit Down Circuit breaker were Chiptole, BMO, NuScale.

And while we wait to learn what exactly caused today’s “market break” which may have just afforded us a glimpse of true market values, we can only reminds readers of the immortal words of the Big Lebowski: