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Wajeeh Khan

Berkshire Hathaway Bought New York Times Stock in Q4. Should You Add NYT to Your Portfolio Too?

NYT Berkshire Berkshire Hathaway

New York Times (NYT) shares inched higher on Wednesday after Berkshire Hathaway (BRK.A) (BRK.B) confirmed it has built a new sizable stake in the mass media company. According to its latest 13F filing, the conglomerate now owns some 5.07 million NYT shares, an investment that’s worth roughly $38 million at the time of writing.

Including today’s surge, New York Times stock is up more than 10% versus its low on Feb. 3.

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