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Chicago Bridge pops as Berkshire adds to stake

Aug. 15, 2014 8:59 AM ETDNOW Inc. (DNOW) StockCBI, CHTR, DNOWBy: Carl Surran, SA News Editor3 Comments
  • Chicago Bridge & Iron (NYSE:CBI) +3.7% premarket after Berkshire Hathaway reported a 12% higher stake to 10.7M shares, valued at ~$621M at yesterday’s closing price; CBI shares had tumbled 22% during the June quarter.
  • Among other stocks enjoying an apparent premarket Buffett bounce are two new Berkshire stakes, Now Inc. (NYSE:DNOW) +1.9% and Charter Communications (NASDAQ:CHTR) +1.6%.

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