CNBC: Warren Buffett says Berkshire sold all its airline stocks because of the coronavirus: https://www.cnbc.com/2020/05/02/warren-buffett-says-berkshire-sold-its-entire-position-in-airlines-because-of-the-coronavirus.html
As of December, Berkshire owned 42.5 million (10% stake) American shares, 58.9 million (9.2% stake) Delta shares, 51.3 million (10.1% stake) Southwest shares and 21.9 million (7.6% stake) United shares. The stocks are down 62.9%, 58.7%, 45.8% and 69.7%, respectively, in 2020.
Subscribe to:
Post Comments (Atom)
Economic news - CNNMoney.com
- China says it will never use its currency as a weapon in the trade war - 9/19/2018 -
- The next big test for Elon Musk arrives this week - 9/30/2018 -
- CEOs are cashing in on the market boom - 9/26/2018 -
- General Electric is in a sharp decline - 9/26/2018 -
- Minimum wage since 1938 - 12/9/2016 -
No comments:
Post a Comment