Berkshire Hathaway Stock Trading Over $200,000
The stock price of Warren Buffett’s Berkshire Hathaway company has topped $200,000 for the first time.Class A shares of Berkshire jumped past the milestone to an all-time trading high of $201,625 Thursday morning.
The shares have long been the most-expensive U.S. stock. Buffett has never split Berkshire’s A shares, although he did create more affordable Class B shares that now sell for $134.Earlier this month, the Omaha-based company reported second-quarter profits of $6.4 billion, or $3,889 per Class A share.
Berkshire Hathaway Chairman and CEO Warren Buffett gestures during an interview with Liz Claman on the Fox Business Network in Omaha, Neb. May 5, 2014. The stock price of Warren Buffett's Berkshire Hathaway company has topped $200,000 for the first time. Class A shares of Berkshire jumped past the milestone to an all-time trading high of $201,625 Thursday morning, Aug. 14, 2014. (AP Photo/Nati Harnik, File)
Buffett's net worth was about $66.3 billion after Thursday's market close, Forbes magazine said.
via-theepochtimes
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