Tags: Berkshire Hathaway | Stock Value

Berkshire Hathaway Stock Dips Below $100,000

Thursday, 22 Sep 2011 03:37 PM

Berkshire Hathaway's Class A stock has fallen below $100,000 for the first time since January 2010 amidst broader market declines and concerns about the health of the economy.

The Class A shares of Warren Buffett's company declined $2,261, or 2.2 percent, to $98,989 Thursday afternoon. The more affordable Class B shares also declined $1.70, or 2.5 percent to trade for $65.52. The Standard & Poor's 500 index fell 3.8 percent.

Over the past year, Berkshire's Class A shares declined nearly 19 percent from $124,865 to yesterday's closing price of $101,250. By contrast, the S&P 500 index that Buffett measures his company's progress against is up about 2 percent over last September's levels.

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Berkshire Hathaway's Class A stock has fallen below $100,000 for the first time since January 2010 amidst broader market declines and concerns about the health of the economy.The Class A shares of Warren Buffett's company declined $2,261, or 2.2 percent, to $98,989 Thursday...
Berkshire Hathaway,Stock Value
112
2011-37-22
Thursday, 22 Sep 2011 03:37 PM
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