Andrew Bary
Berkshire Hathaway took a stake in Domino's Pizza in the third quarter, buying 1.3 million shares that were worth about $550 million on Sept. 30, according to a quarterly form 13-F filing with the Securities and Exchange Commission released Thursday after the close of trading.
Domino's is the only sizable new equity holding by Berkshire in the period.
Domino's shares are rising in after-market activity in an apparent reaction to the Berkshire news. The stock is up 7.8% after hours to $469.99 after falling 0.8% to $435.97 in regular trading.
Berkshire also initiated a holding in Pool in the third quarter, buying 404,000 shares worth $152 million on Sept. 30.
Write to Andrew Bary at andrew.bary@barrons.com
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(END) Dow Jones Newswires
November 14, 2024 16:43 ET (21:43 GMT)
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