Berkshire Hathaway Stock Reaches All-Time High
(8-14-14) The stock price of Warren Buffett's Berkshire Hathaway company has topped $200,000 for the first time.
Class A shares of Berkshire jumped past the milestone to an all-time trading high of $201,625 Thursday morning.
The shares have long been the most-expensive U.S. stock.
Buffett has never split Berkshire's A shares, although he did create more affordable Class B shares that now sell for $134.
Earlier this month, the Omaha-based company reported second-quarter profits of $6.4 billion, or $3,889 per Class A share. Investors can soon learn more about what Buffett's company has been buying and selling lately. Berkshire Hathaway is expected to file a quarterly update on its stock portfolio with the Securities and Exchange Commission Thursday afternoon.
Photo courtesy of Insider Monkey