Warren Buffett revealed stakes in Kroger and Biogen, and the news added $2.5 billion to their market values

on Friday, spurring investors to add $2.5 billion to the pair’s combined market capitalization in after-hours trading.

News of Buffett’s backing drove Kroger’s stock up about 6% in after-hours trading on Friday, boosting its market cap by over $1.3 billion to nearly $24 billion. It also drove Biogen stock up 2%, lifting its market cap by more than $1.2 billion to north of $59 billion.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China's finance ministry issues $1.2 billion in funds for epidemic control effortsChina's finance ministry on Saturday issued 8 billion yuan ($1.15 billion) ... Their already weak economy might crumble? Wouldn't it be ironic for Communism to be taken down....from a bug? So, a little under $1USD per Chinese citizen in spend? Grab a Snickers.
Source: Reuters - 🏆 2. / 97 Read more »