Berkshire Hathaway shares hit eight-month high
Berkshire Hathaway shares have reached an eight-month high, narrowing the performance gap with the S&P 500. Analysts attribute the rally to strong performance in key holdings like Coca-Cola and Apple, alongside positive price target adjustments.
Why it matters
Berkshire Hathaway's market performance is a key indicator for investors tracking the broader US economy and institutional investment trends.
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.)
Berkshire Hathaway shares rallied to an eight-month high this week and there could be more gains ahead if they continue to catch up to the S&P 500.
The B shares closed Tuesday at $512.37, their highest level since November 28, when they finished at $513.81.
They closed Friday at $511.54, down 5.2% from the all-time closing high of $539.80 on May 2 of last year, the day before Warren Buffett revealed he would step down as CEO at the end 2025.
The Class A shares ended Tuesday at $768,010, also their highest close since November 28's $770,100.
Friday's close of $766,600 was 5.3% below their all-time closing high of $809,350.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in