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Q: Most Expensive Stock on US Stock Market ( Answered 5 out of 5 stars,   3 Comments )
Question  
Subject: Most Expensive Stock on US Stock Market
Category: Business and Money > Finance
Asked by: structurepolo-ga
List Price: $3.50
Posted: 09 Sep 2004 01:14 PDT
Expires: 09 Oct 2004 01:14 PDT
Question ID: 398764
What is the most expensive stock on the US Stock Market. I know for a
fact its a prestigious insurance of some kind, but I dont know the
name or the amount of its shares. I got into a debate with a freind of
mine and I'm pretty certain it is an insurance company that not many
know about, but I cant seem to find any information to prove it.
Please help! If possible can I have an answer before tomorrow at
around 11:30?? If not that is fine. Thank you

Clarification of Question by structurepolo-ga on 09 Sep 2004 01:16 PDT
Oh by the way I meant 11:30am CST, sorry for not mentioning that earlier
Answer  
Subject: Re: Most Expensive Stock on US Stock Market
Answered By: bobbie7-ga on 09 Sep 2004 01:45 PDT
Rated:5 out of 5 stars
 
From a Washington Journal article dated September 2002:

?The most expensive stock is Warren Buffet's investment company,
Berkshire Hathaway. Its stock currently trades for around $75,000 a
share.?
http://www.bizjournals.com/washington/stories/2002/09/09/daily59.html

Berkshire Hathaway Inc. is a holding company that owns subsidiaries
engaged in both primary insurance and reinsurance of property and
casualty risks. The Company also reinsures life and health risks.
http://finance.yahoo.com/q/pr?s=brka

Berkshire Hathaway closed at $87,000.00 on September 8, 2004.
http://finance.yahoo.com/q/hp?s=BRKa
http://finance.yahoo.com/q?s=BRKa

Detailed Quote
http://www.hoovers.com/berkshire-hathaway/--ID__10206,ticker__BRK--/free-co-fin-stockquote.xhtml


?most expensive stock?
Berkshire Hathaway ?most expensive stock?

I hope this helps!

Best regards,
Bobbie7

Clarification of Answer by bobbie7-ga on 09 Sep 2004 01:51 PDT
From a Bloomberg News Special Report: 

"Berkshire's two classes of common stock, listed on the NYSE, have the
highest price tag. The insurance and investment company's Class A
shares closed at $86,490 each. Class B shares, each amounting to
1/30th of a Class A share and carrying 1/200th of the voting rights,
closed at $2,881.10."

The table at the following webpage shows a list of the highest priced stocks.
http://quote.bloomberg.com/apps/news?pid=specialreport&sid=aqS4Yfs1IR0U&refer=news
structurepolo-ga rated this answer:5 out of 5 stars and gave an additional tip of: $1.00
Perfect! Thank you so very much.... also thank you for the timeliness
of your response to my questions, you guys are incredible!

Comments  
Subject: Re: Most Expensive Stock on US Stock Market
From: bobbie7-ga on 09 Sep 2004 07:09 PDT
 
Thank you for the five stars and tip!
--Bobbie7
Subject: Re: Most Expensive Stock on US Stock Market
From: skootb-ga on 09 Sep 2004 12:57 PDT
 
what about APRCO?

symbol = 'APRCO'
Alabama Power Company Money Market Cumulative Pfd Stk CL A Flex MMP 

price = $108,240.00
Subject: Re: Most Expensive Stock on US Stock Market
From: structurepolo-ga on 09 Sep 2004 14:24 PDT
 
I looked that up in yahoo finance and it gave me a message saying that
it has changed to APRCO.PK, so I looked that up and there was no
information available on it. You have a link to where you found that
info skootb?

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