Warren Buffett's company, Berkshire Hathaway, has recently experienced significant market movements. There has been a particular focus on the additional 2.57 million shares in Occidental Petroleum that Berkshire has purchased. The company has underperformed compared to its competitors, despite daily gains. The portfolio reveals that 40% is invested in one stock. A New York Stock Exchange glitch recently caused a 99.9% drop in Berkshire’s stock, leading to significant market volatility. Despite this technical glitch, it was rectified and stock trading resumed. The long-term investors who've had Berkshire Hathaway stocks for over 30 years have made significant gains. Altogether, the company has spent $77.5 billion buying stocks since 2018. As of June 2024, multiple Warren Buffet's stocks are outpacing the S&P 500. In spite of these circumstances, it has been declared that nothing in stock investing lasts forever.
Berkshire Hathaway stocks News Analytics from Wed, 15 May 2024 07:00:00 GMT to Sun, 09 Jun 2024 14:07:20 GMT -
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