Business

Berkshire Hathaway’s Profits in Snowflake Stock Have Melted Away


Berkshire Hathaway


‘s once-sizable earnings in cloud-software firm

Snowflake


have melted away.

Berkshire Hathaway (ticker:

BRKb


) invested about $735 million in Snowflake (SNOW) on the September 2020 initial-public-offering value of $120 a share.

www.barrons.com