Tuesday, December 19, 2017

Warren Buffett's Berkshire Hathaway tops $300,000 a share for the first time

Berkshire Hathaway Inc's stock price touched $300,000 for the first time on Monday, reflecting investors' confidence in Warren Buffett's conglomerate despite four straight quarters of lower operating profit. Crossing the $300,000 threshold put Berkshire's Class A shares up 22.9 percent for the year, compared with a 20 percent gain in the Standard & Poor's 500.

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