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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.
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