Read more about HP stock jumps nearly 18% after Warren Buffett’s company buys over 11% on Business Standard. Berkshire Hathaway Inc said in a filing with the Securities and Exchange Commission that it now owns nearly 121 million HP shares, giving it control of 11.5% of the company
Shares of. jumped nearly 18% Thursday after Warren Buffett’s company snapped up more than 11% of the printer and computer maker over the past week in another uncharacteristic tech investment from the billionaire. Inc. said in a filing with the Securities and Exchange Commission that it now owns nearly 121 million HP shares, giving it control of 11.5% of the company. HP shares rose more than $6 to $41.12 in the first day of trading since the purchases were disclosed.
