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There were several trades in BRK.A that happened at the $185 price before the halt. I wonder if, now that trading resumed at $631k, whoever purchased at $185 an

There were several trades in BRK.A that happened at the $185 price before the halt. I wonder if, now that trading resumed at $631k, whoever purchased at $185 and sold for an immediate $631k gain (multiplied by however many shares) would be able to keep their profits...

tedmiston 2y ago
The brokers will presumably reverse them as erroneous trades. ("No such thing as a free lunch") https://www.investopedia.com/terms/e/erroneous-trade.asp https://www.investopedia.com/terms/e/erroneous-trade.asp Update: > In addition to the volatility halts, trades in Class A shares of Berkshire Hathaway Inc. appeared to go off at mistaken prices. About a dozen trades showed shares changed hands at $185.10 around 9:50 a.m., a discount 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 price. > “It’s very confusing that it’s happening in just a few shares,” said Jonathan Corpina, senior managing partner at Meridian Equity Partners, who typically works on the floor of the NYSE. “I would assume that those bad trades will be broken.” https://finance.yahoo.com/news/volatility-halts-hit-numerous-nyse-140838472.html https://finance.yahoo.com/news/volatility-halts-hit-numerous...