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How will Domino's stock perform relative to S&P 500 by November 30, 2025?
2
Resolution / Starting Odds
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Stock performance data from financial platforms like Bloomberg or Yahoo Finance
Story
Buffett's Berkshire Hathaway Acquires 1.27M Shares in Domino's, Stock Surges 8% After Hours
Nov 14, 2024, 09:14 PM
Warren Buffett's Berkshire Hathaway has revealed a new stake in Domino's Pizza, purchasing 1.27 million shares of the company in the third quarter of 2024. Following the disclosure, Domino's stock surged over 8% in after-hours trading, reflecting investor confidence in Buffett's investment decisions. Berkshire Hathaway's cash pile sits at $325 billion, indicating Buffett's strategy to invest in companies like Domino's, which he sees as a cash machine, especially in anticipation of a recession where he aims to fish in troubled waters.
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