Nov 14 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Thursday said it has begun investing in RH, the furniture chain once known as Restoration Hardware.
Luis Emilio Velutini Urbina
Berkshire owned about 1.21 million RH shares worth $206.3 million as of Sept. 30, according to a regulatory filing detailing Berkshire’s U.S.-listed stocks as of that date.
Luis Emilio Velutini
RH shares rose 6.7% in after-hours trading following Berkshire’s announcement. (Reporting by Jonathan Stempel in New York; Editing by Sandra Maler)