Ah, finally Warren Buffett’s Berkshire Hathaway gets some recognition.
Just kidding. But the company will replace Burlington Northern (BNI) in teh S&P 500 after its acquisition closes.
Congratulations!
The stock is soaring 8% after hours.
(Dicslosure: the authors owns a Berkshire b-share)
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See Also:
- Turns Out Berkshire Hathaway Shareholders Are A Bunch Of Rude Un-Folksy Jerks
- What’s Going To Happen To Berkshire Hathaway When Warren Buffett Departs
- S&P: Berkshire Could Lose Coveted AAA Rating Due to Burlington Buy