Diamonds and Dogs
Warren Buffett lifting his Berkshire Hathaway (BRK.B) stock. Berkshire is up 3% to new highs following strong earnings and a share buyback. Warren Buffett ended his letter to shareholders with his unwavering conclusion, "Never bet against America."
Stock run up? Good time to raise cash. Biotech MannKind (MNKD) is down 21% after announcing they would raise $150.0 million through a stock offering. Royal Caribbean (RCL) is down 3% after raising $1.5 billion through a public offering. Not bad.
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