The Traderszone Network

Published in TZ Latest News 14 August, 2014 by The TZ Newswire Staff

Berkshire Hathaway stock hits new milestone at $200,000

Class A shares of Berkshire, which have never been split, closed up $3,500, or 1.8 percent, at $202,850, giving the Omaha, Nebraska-based company a market value of more than $333 billion. The share price had earlier rose as high as $203,025. Berkshire’s share price has more than doubled since it first crossed the $100,000 barrier on Oct. 5, 2006. In the second quarter, Berkshire Hathaway posted a record $6.4 billion profit, helped by a stock swap and growing earnings in many businesses, on revenue of $49.76 billion.