Burlington Northern (BNI) NewsBite - BNI Hits 52-Week High
Posted: Tuesday, November 03, 2009 11:52 AM EDT
By: Market Intelligence Center Staff
Burlington Northern (NYSE: BNI) hit a new 52-Week high of $97.98 so far today. Currently the stock is up $21.50 (28.26%) to $97.57 on 29,451,012 shares traded. Today's high is up $46.71 from a 52-Week Low of $50.86. Burlington Northern stock has been showing support around $74.02 and resistance in the $78.68 range. Technical indicators for the stock are neutral and S&P gives BNI a neutral 3 STARS (out of 5) hold ranking. The stock is trading up sharply today on news that Berkshire Hathaway would be buying up the remainder of the 77.4% of the company it did not already own for $26 billion in cash and stock. We will just watch this one for now. There are no hedged trades we like the look of for BNI. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Burlington Northern (BNI) Stock ReportSee what our analysts have uncovered about Burlington Northern (BNI).