rallied to a five-month high on Wednesday as investors cheered a flurry of buying activity from the famed investor.
Berkshire's "B" shares closed above $203 for the first time since March 6, when fears of the coronavirus pandemic were nearing their peak. The conglomerate's market capitalization has now rebounded more than 25% from its low on March 23 to about $494 billion. However, the stock continues to trail the broader market. The S&P 500 is down about 2% this year, while Berkshire is down about 11%.
Its underperformance reflects Berkshire's exposure to industries such as insurance, utilities, and banks, all of which have been hit hard by the coronavirus pandemic. For example, it owns auto insurer Geico, the BNSF railway, and billion-dollar stakes in American Express, Wells Fargo, and JPMorgan.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Inside story: Humana's $100 million bet on telehealth startup Heal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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Warren Buffett buys another $337 million of Bank of America stock - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. So will America finally have a big bank with an identifiable owner? Instead of faceless funds owning less than 1%? Except for jpmorgan which has anchor in form of Jamie Dimon the big American banks have been rudder less. Eat 👏 the 👏 rich 👏 What he is buying, might be a good idea for you to buy! Always check those fundamentals first
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Nikola stock price has surged 33% in 2 days ahead of earnings - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. elonmusk It is interesting. Nikola competes with Tesla. Very funny. テスラとニコラ？ 冗談みたいな話🤭
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Disney stock jumps after Disney Plus hits 60 million subscribers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. They only got those rating because lifes a television set with a sofa and refrigerator and a microwave and TV dinners and a bunch of other crap I'm sure has nothing to do with being Human! Disney also has some pretty good fundamentals! Make sure you check these 7 things before you buy any $DIS
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