Berkshire Hathaway shares rose to a record on Monday after the conglomerate run by Warren Buffett posted its highest-ever quarterly profit, driven by improvement in insurance operations.
Class A shares of Berkshire rose 4% to a $747,765.75 close, while Class B “baby Berkshire” shares climbed 4.2% to $498.97, as both Berkshire share classes broke all-time highs set Nov. 27.
Berkshire Hathaway shares rose to a record on Monday after the conglomerate run by Warren Buffett posted its highest-ever quarterly profit, driven by improvement in insurance operations.
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