{"id":210448,"date":"2010-01-21T13:09:00","date_gmt":"2010-01-21T18:09:00","guid":{"rendered":"tag:blogger.com,1999:blog-3087194156628161158.post-5927741031220513085"},"modified":"2010-01-21T13:28:45","modified_gmt":"2010-01-21T18:28:45","slug":"cnbc-berkshire-hathaway-b-shares-soar-after-split","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/210448","title":{"rendered":"CNBC: Berkshire Hathaway ‘B’ Shares Soar After Split"},"content":{"rendered":"

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Published: Thursday, 21 Jan 2010 | 10:02 AM ET <\/span><\/div>\n
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By: Alex Crippen
Executive Producer<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Investors appear to like Berkshire Hathaway stock in the $60s and even the $70s more than they liked it at roughly $3500 a share. <\/p>\n

<\/span>Berkshire shareholders approved<\/strong><\/strong><\/b><\/a> a 50-for-1 stock split of Berkshire’s Class B shares yesterday. Trading began today.<\/p>\n

<\/span>The lower price is seen as an opening for small investors who couldn’t afford the old four-figure price tag. (The<\/span> Associated Press quotes<\/strong><\/strong><\/b><\/a> a number of eager buyers in a piece this morning.)<\/p>\n

<\/span>After the first thirty minutes, the Baby Bs are up 4.8 percent to $72.88 from the split-adjusted close of $69.50 ($3475 per share pre-split.)<\/p>\n

<\/span>That puts them on track for their highest close since November, 2008.<\/p>\n

<\/span>Current price: