Berkshire Hathaway's Class A shares performed well this week in the wake of the company's annual shareholder meeting. Too well for Nasdaq's computer system, in fact.
Recognizing this could be a problem, Nasdaq made the decision to temporarily stop publishing the last sale information of the stock when it came within 2% of the max threshold, which happened Tuesday.The Nasdaq logo is displayed on a smartphone with stock market percentages in the background in a Photo Illustration.
"Data integrity is of utmost importance at Nasdaq, we therefore instituted a temporary measure starting May 4, 2021 to ensure that no incorrect data is disseminated prior to the completion of a technical upgrade," a Nasdaq spokesperson said in a statement obtained by ABC News."As a result, the real-time price information of the sole affected security will not be available on Nasdaq proprietary data feeds until May 17, 2021.
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