Berkshire Hathaway Invests in Domino's Amid Stock Market Moves
TL;DR Summary
Domino's Pizza shares surged nearly 8% in after-hours trading following the revelation that Warren Buffett's Berkshire Hathaway acquired a stake worth approximately $550 million. This move positions the stock to potentially resume its bullish momentum, with key resistance levels identified at $473, $505, and $535, and a support level at $435. Domino's shares have underperformed the S&P 500 this year, but the investment by Berkshire could signal renewed investor interest.
- Watch These Domino's Pizza Price Levels as Stock Jumps After Berkshire Takes Stake Investopedia
- Buffett’s Berkshire Buys Stakes in Domino’s and Pool Corp. Yahoo Finance
- Warren Buffett Sold Apple, BofA In Q3. He Bought These Stocks. Investor's Business Daily
- Warren Buffett's Berkshire Hathaway takes a stake in Domino's Pizza CNBC
- Berkshire bites into Domino's Pizza, dips into Pool amid stock retreat Reuters
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