HP Stock Soars As Warren Buffett Reveals $4.2 Billion Stake In Latest Buying Spree
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The Street
The Street
By Martin Baccardax HP is the last U.S. company to have piqued Warren Buffet’s interest this year as Berkshire Hathaway revealed a $4.2 billion stake in the printer and PC maker. HP Inc. (HPQ) – Get HP Inc. Report shares soared higher Thursday after Securities and Exchange Commission filings revealed that billionaire investor Warren Buffett has built a $4.2 billion stake in the printer and PC maker. SEC filings published late Wednesday showed that Berkshire Hathaway BRK.A investment group now owns an 11.4% stake in the Palo Alto, California-based group, a move that adds to Buffett’s recent buy…