HP soars 14.8%, sets record after Buffett reveals $4.2 billion stake


FILE PHOTO: A screen displays the logo for HP Inc. at the New York Stock Exchange (NYSE) in New York, U.S., November 18, 2019. REUTERS/Brendan McDermid

(Reuters) -HP Inc's stock soared to a record high on Thursday after billionaire Warren Buffett's Berkshire Hathaway Inc said it had taken an 11.4% stake valued at about $4.2 billion in the maker of personal computers and printers.

Berkshire revealed in a Wednesday night regulatory filing that it owned nearly 121 million HP shares, including 11.1 million purchased this week.

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