Warren Buffett Goes All In on Big Blue (IBM)
Tweet
Share
E-mail
Get Alerts IBM Hot Sheet
Join SI Premium – FREE
Warren Buffett revealed that IBM (NYSE: IBM) is Berkshire Hathaway's latest major investment on CNBC Monday Morning.
Speaking on Squawk Box, Mr. Buffett said he bought $10.7 billion in IBM (NYSE: IBM) stock and now owns 5.5 percent.
Shares of IBM rose nearly $2 to $189.25 in pre-open trading Monday after the Buffett disclosure.
Berkshire Hathaway will release its latest 13F later today which will show his other portfolio moves.
Speaking on Squawk Box, Mr. Buffett said he bought $10.7 billion in IBM (NYSE: IBM) stock and now owns 5.5 percent.
Shares of IBM rose nearly $2 to $189.25 in pre-open trading Monday after the Buffett disclosure.
Berkshire Hathaway will release its latest 13F later today which will show his other portfolio moves.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- D.E. Shaw owns $1B+ stake in Sysco - Reuters
- IBM links two cryogenic quantum modules in step toward 2029 goal
- Walmart expected to beat Q2 estimates as tariff refunds lift margins
Create E-mail Alert Related Categories
Hedge Funds, Insiders' Blog, Trader TalkRelated Entities
Warren BuffettSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
