Domino's Pizza (DPZ) Surges Over 7% After Berkshire Hathaway Investment

Nov 15, 2024

Domino's Pizza (DPZ, Financial) saw a notable rise in its stock price, climbing over 7.8% to $470 in pre-market trading. The surge follows the announcement that Berkshire Hathaway, led by renowned investor Warren Buffett (Trades, Portfolio), has established a new position in the company.

As of September 30, Berkshire Hathaway owns 1.28 million shares of Domino's Pizza, valued at approximately $549 million. This strategic investment indicates confidence in the growth potential of Domino's Pizza and has positively impacted the company's stock performance.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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