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Tag Archives: United States Securities

Apple Jumps After Berkshire Reveals 9.8 Million Share Stake

After three consecutive weeks of seemingly relentless bad news for Apple, moments ago the stock jumped by $2 dollars, rising from $90.5 to over $92.50. There was some confusion as to why the jump and then it was revealed that none other than that “other” billionaire, Warren Buffett, has decided to start building a stake in the world’s biggest cell phone company to the tune of 9.8 million shares or about $1.07 billion as of March 31. Making some more sense of the transaction, CNBC adds this...

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