Saturday, May 2, 2020

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

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.

No comments:

Post a Comment

Economic news - CNNMoney.com