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Watch These Domino's Pizza Price Levels as Stock Jumps After Berkshire Takes Stake
DPZDomino’s Pizza(DPZ) Investopedia·2024-11-15 05:25

Key TakeawaysDomino’s Pizza shares jumped nearly 8% in extended trading on Thursday after a filing revealed that Warren Buffett’s Berkshire Hathaway had taken a stake in the world’s largest pizza chain. According to a 13-F filing, the conglomerate bought nearly 1.3 million Domino’s shares that had a market value of about $550 million as of Sept. 30.The stock sits poised to resume its bullish price momentum on Friday after recently retracing to the top trendline of a symmetrical triangle.Investors should mon ...