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Berkshire Hathaway at 12-Week High After 11% Rally Over 10 Sessions
Executive Producer
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With help from 5 consecutive daily advances, Berkshire is up 10.8 percent from its recent low of $121,510 on March 15, the day Berkshire released its portfolio snapshot for the first quarter of the year. That was the lowest close for the stock since last October.
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The stock has been under pressure since hitting an all-time high of $149,200 on December 10 of last year.
Last December, Barron's ran a prominent "Sell Buffett" headline on its cover, when the stock was going for $143,000.
More recently, short-seller Doug Kass has been critical of what he calls Buffett's "investment-style drift."
Current Berkshire price: [US;BRK.A
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See Warren Buffett Watch on CNBC's The Call, most weekday mornings at 11:50a ET
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