Berkshire's stock falls under $100K

Friday, November 14, 2008

OMAHA, Neb. — Shares of billionaire Warren Buffett's investment vehicle Berkshire Hathaway briefly fell below the $100,000 mark Thursday, the first time that has happened since October 2006.

The Class A shares fell 5.6 percent and sold for $97,566.65 in afternoon trading. When Buffett's investment partnership first bought Berkshire stock in 1962, the shares sold for $7 and $8 each. The shares recovered most of Thursday's losses, closing at $102,800.

Share this story:

E-mail this story

Printer-friendly version

Copy and paste the link:

Use the comment form below to begin a discussion about this content.

Notice about comments:

Postandcourier.com is pleased to offer readers the enhanced ability to comment on stories. We expect our readers to engage in lively, yet civil discourse. Postandcourier.com does not edit user submitted statements and we cannot promise that readers will not occasionally find offensive or inaccurate comments posted in the comments area. Responsibility for the statements posted lies with the person submitting the comment, not postandcourier.com. If you find a comment that is objectionable, please click "report abuse" and we will review it for possible removal. Please be reminded, however, that in accordance with our Terms of Use and federal law, we are under no obligation to remove any third party comments posted on our website.

Users can now build user-to-user connections, follow friends' recent posts, add an avatar that fits their personality, and more. If you have posted here before you'll need to sign up again, or if you've never posted before, start now by signing up!

Full terms and conditions can be read here.

.Link.

Berkshire's stock falls under $100K

Comments