Capital One shares up after billionaire investor Buffett's near $1 bln bet on bank
Reuters
23-05-16 10:45
Shares in Capital One rose by 7% in pre-market trading after Warren Buffett's Berkshire Hathaway revealed it had taken a stake in the credit provider. Berkshire Hathaway said that it bought 96 million shares at $26 per share, a deal worth roughly $2.5 billion in total.