Why Berkshire Hathaway Stock Just Popped 8.2%
The stock of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) is up strongly in afternoon trading Tuesday, rising 8.4% through 1:40 p.m. EDT. You can probably thank Congress for that. But you'll have to thank it in advance.
Warren Buffett. Image source: The Motley Fool.
On Sunday, Congress failed to pass a promised $1 trillion-plus economic stimulus, then failed to pass one again on Monday. Today, House Speaker Nancy Pelosi was promising that a deal will be struck "in the next few hours."
Source Fool.com