Apple hits record high after Warren Buffett buys 75mn shares
Apple’s stock hit an all-time high on Friday after Warren Buffett’s Berkshire Hathaway disclosed that it bought an additional 75 million shares of the company in the first quarter of 2018. Buffett’s increased stake raised the iPhone maker’s market value to about $931 billion, according to Nasdaq. Berkshire is now the third largest Apple shareholder, behind Vanguard and BlackRock.
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11:35 am on 05 May
Source: Inshorts
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