Interesting read_老虎社区_美港股上老虎

jialongge
2021-05-09

Interesting read

Nasdaq's computer system literally can't handle Berkshire Hathaway's sky-high stock price

New York (CNN Business)The world's most famous electronic stock market can't compete with the stubbo

Nasdaq's computer system literally can't handle Berkshire Hathaway's sky-high stock price

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

推荐
最新

暂无评论

热议股票

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"magic":2,"id":107572777,"tweetId":"107572777","gmtCreate":1620525805299,"gmtModify":1634198266941,"author":{"id":3581823788790173,"idStr":"3581823788790173","authorId":3581823788790173,"authorIdStr":"3581823788790173","name":"jialongge","avatar":"https://static.tigerbbs.com/6b68b740758f29b7f04237399145763c","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":4,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Interesting read</p></body></html>","htmlText":"<html><head></head><body><p>Interesting read</p></body></html>","text":"Interesting read","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/107572777","repostId":1199656637,"repostType":4,"repost":{"id":"1199656637","kind":"news","pubTimestamp":1620453062,"share":"https://www.laohu8.com/m/news/1199656637?lang=&edition=full","pubTime":"2021-05-08 13:51","market":"us","language":"en","title":"Nasdaq's computer system literally can't handle Berkshire Hathaway's sky-high stock price","url":"https://stock-news.laohu8.com/highlight/detail?id=1199656637","media":"CNN","summary":"New York (CNN Business)The world's most famous electronic stock market can't compete with the stubbo","content":"<p>New York (CNN Business)The world's most famous electronic stock market can't compete with the stubbornness of a 90-year-old billionaire.</p><p>For decades, Warren Buffett has refused to split Berkshire Hathaway's (BRKA) sky-high Class A shares, which traded hands Friday at a staggering $436,312.</p><p>Buffett's persistence finally caused a Y2K-like problem this week at Nasdaq.</p><p>Here's the issue: Nasdaq's 32-bit computer system can't handle prices above $429,496.7295. And Berkshire's Class A shares got to within 2% of that level on Monday.</p><p>Nasdaq (NDAQ), the world's first electronic exchange, couldn't risk sending out erroneous stock quotes. So it decided to pull the plug, at least until it completes a fix that will be able to handle Berkshire's lofty share price.</p><p>After consulting with regulators, Nasdaq temporarily suspended broadcasting prices for Berkshire's Class A shares on Tuesday. Just two days later, Berkshire's stock climbed for the first time above the maximum Nasdaq can handle.</p><p>While there didn't appear to be an impact to trading or pricing, the suspension left Nasdaq's brokerage and media clients relying on the data feed in the dark. They would have had to turn elsewhere to discover the price of the thinly traded shares. Nasdaq reached out to clients on April 16 to alert them of the looming issue and give them time to source the data elsewhere.</p><p>\"Data integrity is of utmost importance at Nasdaq, we therefore instituted a temporary measure... to ensure that no incorrect data is disseminated prior to the completion of a technical upgrade,\" a Nasdaq spokesperson said in a statement.</p><p>Nasdaq said the real-time price information of Berkshire's Class A shares won't be available until May 17. No other stocks are likely to face similar issues before then because nothing trades for nearly as much as Berkshire's Class A shares.</p><p>Berkshire did not respond to a request for comment.</p><p>Although Buffett has repeatedly declined to split Berkshire's Class A shares, the company has introduced a more affordable Class B share that changes hands at just $289.</p><p>Companies often split their share prices to make them more accessible to retail investors. There is arguably less of a need to do that today though because many online brokerages now allow investors to buy fractions of a share.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nasdaq's computer system literally can't handle Berkshire Hathaway's sky-high stock price</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNasdaq's computer system literally can't handle Berkshire Hathaway's sky-high stock price\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-08 13:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/05/07/investing/buffett-berkshire-nasdaq/index.html><strong>CNN</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business)The world's most famous electronic stock market can't compete with the stubbornness of a 90-year-old billionaire.For decades, Warren Buffett has refused to split Berkshire ...</p>\n\n<a href=\"https://edition.cnn.com/2021/05/07/investing/buffett-berkshire-nasdaq/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔"},"source_url":"https://edition.cnn.com/2021/05/07/investing/buffett-berkshire-nasdaq/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199656637","content_text":"New York (CNN Business)The world's most famous electronic stock market can't compete with the stubbornness of a 90-year-old billionaire.For decades, Warren Buffett has refused to split Berkshire Hathaway's (BRKA) sky-high Class A shares, which traded hands Friday at a staggering $436,312.Buffett's persistence finally caused a Y2K-like problem this week at Nasdaq.Here's the issue: Nasdaq's 32-bit computer system can't handle prices above $429,496.7295. And Berkshire's Class A shares got to within 2% of that level on Monday.Nasdaq (NDAQ), the world's first electronic exchange, couldn't risk sending out erroneous stock quotes. So it decided to pull the plug, at least until it completes a fix that will be able to handle Berkshire's lofty share price.After consulting with regulators, Nasdaq temporarily suspended broadcasting prices for Berkshire's Class A shares on Tuesday. Just two days later, Berkshire's stock climbed for the first time above the maximum Nasdaq can handle.While there didn't appear to be an impact to trading or pricing, the suspension left Nasdaq's brokerage and media clients relying on the data feed in the dark. They would have had to turn elsewhere to discover the price of the thinly traded shares. Nasdaq reached out to clients on April 16 to alert them of the looming issue and give them time to source the data elsewhere.\"Data integrity is of utmost importance at Nasdaq, we therefore instituted a temporary measure... to ensure that no incorrect data is disseminated prior to the completion of a technical upgrade,\" a Nasdaq spokesperson said in a statement.Nasdaq said the real-time price information of Berkshire's Class A shares won't be available until May 17. No other stocks are likely to face similar issues before then because nothing trades for nearly as much as Berkshire's Class A shares.Berkshire did not respond to a request for comment.Although Buffett has repeatedly declined to split Berkshire's Class A shares, the company has introduced a more affordable Class B share that changes hands at just $289.Companies often split their share prices to make them more accessible to retail investors. There is arguably less of a need to do that today though because many online brokerages now allow investors to buy fractions of a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":298,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":15,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}