RH Shares Slide 7% After Berkshire Hathaway Exits Position - News Summed Up

RH Shares Slide 7% After Berkshire Hathaway Exits Position


By Dean SealRH shares fell on Tuesday after Berkshire Hathaway said it has exited its position in the home-furnishings company. Shares have fallen 12% over the past 12 months. Berkshire Hathaway has also trimmed its stakes in Chevron, General Motors, Amazon.com and Activision Blizzard, according to a regulatory filing. The company, meanwhile, has opened a new position in Capital One Financial and added to its large holdings of Bank of America and Apple. Write to Dean Seal at dean.seal@wsj.com(END) Dow Jones NewswiresMay 16, 2023 11:14 ET (15:14 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.


Source: Wall Street Journal May 17, 2023 11:14 UTC



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