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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.
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“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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