Comment on Warren Buffett's Berkshire Hathaway is buying up shares of internet domain provider VeriSign

Warren Buffett's Berkshire Hathaway is buying up shares of internet domain provider VeriSign

Warren Buffett, the 94-year-old CEO of Berkshire Hathaway.Daniel Zuchnik / Getty ImagesBerkshire Hathaway increased its stake in VeriSign to $2.7 billion, becoming its largest shareholder.VeriSign, founded in 1995, is known for its high profit margin and ranks fifth in the S&P 500.VeriSign stock is down 2% year-to-date, completely sitting out the broader stock market rally.Warren Buffett's Berkshire Hathaway is buying up shares of internet domain services provider VeriSign.A Form 4 filing with the Securities and Exchange Commission on Thursday revealed Berkshire Hathaway's latest acquisition of 143,424 shares in the three trading sessions that ended December 24.

 

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