Berkshire Stock Debuts at $4,750 Per Share
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NEW YORK — The stock of Berkshire Hathaway Inc., an Omaha holding company run by billionaire takeover specialist Warren E. Buffett, debuted Tuesday on the New York Stock Exchange.
But at an opening price of $4,750 a common share only the thick-skinned, thick-pursed investor need apply.
The stock, which had traded over the counter, began trading on the Big Board after a brief ceremony attended by Buffett, Berkshire’s chairman and chief executive. An NYSE spokeswoman said 1,375,203 common shares were offered.
The stock closed at $4,700 a share, unchanged from Monday’s over-the-counter close.
Berkshire Hathaway has a variety of interests including insurance, textile, publishing and candy.
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