Shortly after Monday's opening, a technical malfunction occurred on the New York Stock Exchange, causing multiple stocks to temporarily display incorrect stock prices or cease to fluctuate.

In this technical malfunction, the stock price of Buffett's Berkshire Hathaway A-class stock plummeted to $185.10, or 99.97%.

A spokesperson for the New York Stock Exchange subsequently stated that the anomaly was caused by technical issues in the industry wide price range released by the Securities Information Processors of the Consolidated Tape Association, which led to the suspension of limit up/limit down trading for up to 40 stocks listed on the New York Stock Exchange Group Exchange.

The spokesperson stated that the issue had been resolved by noon and trading of affected stocks had resumed. At around 11:35 AM Eastern Time, the stock market reopened.

Other stocks affected include Abbott Laboratories, Barrick Gold, GameStop, AMC, and Bank of Montreal. Among them, like Berkshire's stock, Barrick Gold's stock price also experienced a sharp drop in this technical malfunction, dropping by 98.54% at one point.

After trading resumed, Berkshire Hathaway-A closed up 0.59% at $631,110.10 on Monday.

The trading price of Berkshire Hathaway's B-shares was 1/1,500 of the A-share price, and on Monday, its B-shares fell 1.1%, largely unaffected by the malfunction. Barrick gold closed up nearly 2% at $17.42. The S&P 500 index closed up 0.1% on the same day.

FactSet's data shows that during a technical malfunction, many investors attempted to seize the opportunity to bottom out Berkshire's A-class stocks.

However, the New York Stock Exchange subsequently stated that any erroneous transactions caused by technical issues will be invalidated. According to a joint decision between the New York Stock Exchange Group Stock Exchange and other UTP exchanges, all erroneous trades related to CTA SIP pricing issues involving Berkshire Class A stocks priced below or equal to $603718.30 per share between 9:50 a.m. and 9:51 a.m. Eastern Time will be revoked.

Last February, the New York Stock Exchange also experienced technical malfunctions that caused widespread chaos and resulted in thousands of transactions being cancelled. Subsequently, the exchange stated that it would compensate investors for the losses caused by the malfunction. It is currently unclear whether the New York Stock Exchange will compensate investors who may have been affected by Monday's malfunction.