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Berkshire Hathaway shares rise, Alphabet stake value falls

CNBC · ·by G4L

BRK-A Berkshire Hathaway Inc
$875654.62 +2.60%
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  1. 1Berkshire rose more than 5% this week, outperforming the S&P benchmark by 5.8 percentage points
  2. 2Berkshire Hathaway purchased Alphabet shares during the second quarter
  3. 3Alphabet shares subsequently fell about 20%, valuing Berkshire's stake at $30.2 billion

So what's the key point?

Berkshire Hathaway shares rose more than the market. However, as Alphabet shares fell, the value of Berkshire's Alphabet holdings became $30.2 billion.

Source CNBC · View original ↗

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