April 24, 2024

Brighton Journal

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Berkshire shares jump after posting huge profits as the value of Buffett's group approaches $1 trillion

Berkshire shares jump after posting huge profits as the value of Buffett's group approaches $1 trillion

Warren Buffett tours Berkshire Hathaway's annual shareholders meeting headquarters in Omaha, Nebraska.

David A. Grosjean | CNBC

Shares of Berkshire Hathaway rose Monday after Warren Buffett's group reported strong fourth-quarter earnings over the weekend.

Berkshire's Class B shares jumped 2.3% in premarket trading, and are set to add to their 17% gain already this year. Berkshire closed Friday with a market cap of $905.5 billion, according to FactSet.