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Tag: Buffetts

RH shares surge after Warren Buffett’s Berkshire reveals new stake

Shares of RH surged 7.6% on Friday, a day after Warren Buffett’s Berkshire Hathaway revealed it owned 1.2 million shares of the furniture retailer at the end of the third quarter. Berkshire announced the stake in a filing with the Securities and Exchange Commission. The stock of RH, formerly known as Restoration Hardware, has rallied …

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