Stock prices can only be understood in the context of how many shares there are.

If a billion dollar company only issued one share, that "stock price" would be one billion dollars.

Likewise we have penny stocks - you can have a million dollar company issue 100 million shares and they're all only a penny a piece.

Price outside of this context is meaningless.

Berkshire Hathaway Inc Class A :

Closed Friday at $693,839, up +$15,199 (+2.24%) from the previous close.

Their are only 435k shares. Normally a company of this size has 100 million to 400 million shares.

Consider Spruce Pine is the world's only producer of high quality quartz at commercial scale for semiconductor manufacturing. Without this, it is impossible to make the crucibles that produce pure silicon wafers necessary for semiconductor processes.

This is all over the tech forums. People are legitimately concerned about a new semiconductor shortage because of the flooding at Spruce Pine. It will take several months for shortages to manifest, but if the factories in Spruce Pine don't come back online and soon, semiconductors are going to get really scarce and expensive for several years.

So yeah...this company should be worth a lot. They have an effective monopoly in the industry. There is no way Spruce Pine isn't a factor in some way to what is happening in North Carolina.

Hopefully, this will force the industry to build some resiliency into the supply chain and find alternate sources for this critical resource, even though it may be more expensive. This vulnerability in pursuit of maximum efficiency and profit is dangerous.

I remember rumors back in 2015 from "CIA" sources that there was going to be a dangerous shortage of silicon wafers. Now I understand.

I wonder if this is to keep average people from gaining a controlling interest in the company. I don't know, the whole world of stocks and investment is so convoluted it's hard to follow.

...who are they selling this stuff to...aliens ?