Shares of billionaire Warren Buffett’s Berkshire Hathaway traded above $200,000 for the first time — nearly eight years after topping the $100,000 mark.
Berkshire Class A shares closed up up $3,500, or 1.8%, to $202,850 — a price that could purchase a home across much of the country.
Earlier this month, Buffett’s massive investment and holding company reported net income of $6.4 billion in the second quarter, a 41% rise from the same period a year earlier.
Its Class B shares were trading Thursday at $135.30 per share, up $2.22, or 1.7%.
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