Warren Buffett's Berkshire hits near six month high

Investing.comNov 28, 2024 12:47 AM

View all comments（0）



Investing.com -- Berkshire's Class A shares (NYSE:BRKa) reached a near six-month high, trading up 1.7% at $731,224. The company’s Class A share price touched $741,971 on June, following a glitch that briefly caused the class B shares to fall more than 99%.

Berkshire has stake in a diverse range of businesses, including Geico car insurance, the BNSF railroad, Berkshire Hathaway Energy, and Dairy Queen ice cream.

Earlier this month, the company’s cash pile topped $300 billion in the third quarter as Warren Buffett continued his stock-selling spree and refrained from repurchasing shares.

Berkshire’s massive stock portfolio is led by Apple (NASDAQ:AAPL), whose share price has risen 22% this year.

Buffett, the legendary investor and chairman of Berkshire Hathaway, has committed to donating 99.5% of his remaining wealth, currently valued at over $150 billion by Forbes, to a charitable trust managed by his daughter and two sons after his passing.

Year-to-date, Berkshire Hathaway stock has gained approximately 35%.

Reviewed byTony

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

Intel Stock Price Prediction: Can INTC Hold $94 Before Q2 Earnings?

Intel reports Q2 2026 results on July 23 after guiding for revenue of up to $14.8 billion. INTC is testing double-bottom support near $94 after a sharp semiconductor selloff.

Today’s Market Recap: Gold Falls Below $4,000, TSMC’s Strong Earnings Fail to Stop AI Trade Cooling, Chip Stocks Sold Off

TradingKey - On July 16, Eastern Time, the three major US stock indices closed lower collectively. Although US economic data remained robust and the start of the second-quarter earnings season was generally better than expected, a continued sell-off in semiconductor and AI hardware stocks weighed on

Micron Stock Price Prediction: MU Breaks $898 Support as Memory Boom Faces Capacity Risk

Micron posted record fiscal Q3 revenue of $41.46 billion and guided for $50 billion in Q4 sales, but MU has broken below $897.80 support as investors assess capacity growth and peak memory margins.

South Korean Stocks Closed to Avoid Storm, Japanese Stocks Plunge at Open, Nikkei 225 Tumbles 3%, Kioxia Slumps Over 15%

Japanese stocks extended their decline at the market open, with the Nikkei 225 falling more than 4%. Kioxia plummeted over 15%, and SoftBank dropped more than 7%.

Micron (MU) Stock Crashes Below $910 as China’s CXMT Plans an $8.5B IPO; Is the DRAM Bull Cycle Cracking?

Micron fell 7% on July 15 as China’s CXMT announced an $8.5B IPO and the US government considered new HBM export restrictions. At $904, the 50-day EMA and $869 support are all that stand between bulls and a deeper drop. KeyBanc says buy it.

Featured Tools