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Berkshire Hathaway Inc. is trading at more than $421,000 per Class A share, and the market is optimistic. That’s a problem. The price has grown so high, it has nearly hit the maximum number that can be stored in one common way exchange computers handle digits.
“Data integrity is of utmost importance at Nasdaq,” a spokeswoman for the New York-based exchange operator said, calling the move a temporary measure. A spokesman for the New York Stock Exchange, where Berkshire is listed and which handles much of the trading in the company’s Class A shares, said the NYSE’s systems wouldn’t be affected by the issue.
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