Tuesday, December 19, 2017

Berkshire Shares Hit Record

What is the highest priced stock traded in the United States? It is the A-class stock of Warren Buffett's company Berkshire Hathaway (BRK-A). The shares recently touched a record high of over $300,000 per share. Does this mean it is the highest valued company? The answer is no, as that distinction belongs to Apple, with a market cap of $906 Billion (vs. Berkshire's $493 Billion). The main reason for this difference is that Buffet has not split Berkshire's stock. See related article here, Reuters.

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