Everything Warren Buffett: CNBC: Warren Buffett's Berkshire Hathaway Retreats From Friday's Last-Second Spike

Tuesday, September 23, 2008

CNBC: Warren Buffett's Berkshire Hathaway Retreats From Friday's Last-Second Spike

Berkshire Hathaway's last-second spike to $147,000 a share at Friday's closing bell didn't last long.

As of early afternoon in New York today (Monday), shares of Warren Buffett's holding company are back to about where they were Friday just before the spike, around $132,000 each.

That's still a 3.1 percent gain over Thursday's close of $128,010 and Berkshire is still beating the S&P for the year with a decline of about 7 percent versus the benchmark index's 16 percent drop.

Berkshire shares are now over 11 percent below December's all-time closing high and 18 percent above July's near-term low.

Current Berkshire stock prices:

Class A: [US;BRK.A 131000.0 -16000.00 (-10.88%) ]