- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- Amended Berkshire Hathaway Filing Indicates No Secret Stock Stakes at End of Q3
- Buffett's Wealth and Fame Hasn't Helped 'Warren' As a Name
- CNBC VIDEO: Warren Buffett & Bill Gates 'Walk & Talk' at Columbia University
- Warren Buffett to CNBC: Curbing Fed's Independence Could Lead to 'Mischief'
- Warren Buffett to Co-Chair Goldman Sachs Program to Help Small Businesses
- Warren Buffett: 'Reasonable Return is Good Enough' for Long-Haul Railroad Ride
- Warren Buffett's Berkshire Hathaway Almost Doubles Wal-Mart Holdings During Summer
- Warren Buffett's Berkshire Portfolio Snapshot Coming Later Today
- Warren Buffett to CNBC: 'I Haven't Bought American Express In Years'
RSS FEED
MOST SHARED
- Kuoni CEO Sees Recovery in Travel Sector
- Gold Retreats from Record High as Dollar Rebounds
- Dubai Struggles to Ease Debt Fears; Investors Rattled
- Chinese Overcapacity is Worsening, EU Chamber Warns
- Wal-Mart Price Pressure Hurts China Workers: Report
- Fannie Mae to Tighten Lending Standards: Report
- Great Britain, No Longer That Great: Investor
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Euro Shares Record Biggest Drop in 7 Months
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- Dubai Struggles to Ease Debt Fears; Investors Rattled
- US Companies Already Moving on Curbing Emissions
- Fannie Mae to Tighten Lending Standards: Report
- Investing in Good Karma – and Making a Profit
- Retailers Should Believe in Christmas Miracles
- Wal-Mart Price Pressure Hurts China Workers: Report
- Bankruptcies Jump, Hitting Highest Level in Four Years
- Steepest Black Friday Discounts, Revealed
- Where Do Pardoned Turkeys Go?
Warren Buffett Watch
Text Size 
 |
In a stunning last-second spike, shares of Warren Buffett's Berkshire Hathaway closed today (Friday) at $147,000 each.
That's an increase of $18,990 a share, or 14.83 percent, the biggest one-day move ever for Berkshire.
It was just late July that Berkshire was down 25 percent from its all-time high set last December.
It is now just 1.5 percent below that closing high of $149,200 and up 31.5 percent above the near-term July 39 low of $111,750.
The stock is up 3.8 percent on the year, compared to the S&P's 14.5 percent YTD decline.
Just this morning, we had a post reporting that Buffett was beating the market for the year, after underperforming the S&P for several months. Now, it's not even close.
The jump to $147 thousand came in the last few trades of the session. Most of the day, the stock was trading between $130,000 and $135,000. The spike appears to be related to a big disparity between buy and sell orders at the close.
 |
I have no information on any specific catalyst for the move. Berkshire is, however, one of the financial stocks included in the SEC's temporary no-short rule, and that may have something to do with it.
It has been a good few days for Buffett and Berkshire. He picked up a bargain in the energy sector and Reuters notes that his holdings in the financial sector may be up $3.5 billion from the two-day rally that's lit up the sector in the wake of the Treasury's plan to resolve the nation's credit crisis.
 |
Berkshire reported big stakes in Wells Fargo [WFC
Loading...
()
] and American Express [AXP
Loading...
()
] in its most recent quarterly portfolio snapshot. Wells is up 19 percent over the two days. American Express gained 22.3 percent.
Current Berkshire stock prices:
Class A: [US;BRK.A
Loading...
()
]
Class B: [US;BRK.B
Loading...
()
]
Questions? Comments? Email me at
- New Buffett Biography "Reveals Flaws, Recounts Triumphs" Reports AP In Sneak Peek (September 19)
- Warren Buffett May Have Competition for Constellation Energy (September 19)
- Buffett's Berkshire Bounces Back to Beat the Bears (September 19)
- Food Giant With Big Buffett Stake Stirred Into Dow 30 Index (September 18)
- Warren Buffett Picks Up Constellation Energy At Bargain Price (September 18)
- Warren Buffett Loses Title of World's Richest Billionaire (September 17)
Data is a real-time snapshot *Data is delayed at least 15 minutes