Despite the declines across the broader market, Berkshire Hathaway's so-called Baby-B shares jumped $3.20, or 4.6%, to $72.72, on heavy volume after the company's shareholders approved a 50-to-1 split of its Class B common stock.
The split cut the price of each share to about $67, from a trading price of more than $3,000.
- Wall Street Journal javascript:void(0)
Due to the high cost of the stock, it was my smallest holding, with just .03 shares before the split. Now, I own 1.6050 shares and it is my third largest holding on Sharebuilder. Where I have a total current balance of $508.53, to go towards my future retirement. Now, I wonder, how long it will be before this stock is once again trading above the $100 range, the $500 range, etc etc.
1 comments:
Your RH margin lists your sharebuilder account balance as $333.19, not the actual amount of $508.53. You should update the summary info in the margin, or else deleter this info if it isn't being updated at least monthly.
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