IBM (IBM) Down 2.3% Since Buffett Stake Announced
Tweet
Share
E-mail
Get Alerts IBM Hot Sheet
Join SI Premium – FREE
International Business Machines (NYSE: IBM) is currently trading at about $183, down 2.3 percent since Warren Buffett and Berkshire (NSE: BRK.A)(NYSE: BRK/B) disclosed a $10.7 billion stake in the company last Monday during a CNBC interview.
However, shares are up 7.6 percent above where Buffett said he paid for the stock (around $170).
IBM is moving off of pre-market lows Monday.
However, shares are up 7.6 percent above where Buffett said he paid for the stock (around $170).
IBM is moving off of pre-market lows Monday.
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
- Anthropic hires Google chip veteran as it pushed into hardware - Bloomberg
- Activist investors push Seer, Inc. to disclose go-private timeline
Create E-mail Alert Related Categories
Hedge Funds, 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!
