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Delta plunges after Warren Buffett's Berkshire Hathaway slashes its stake

Business Insider Monday, 6 April 2020
Delta plunges after Warren Buffett's Berkshire Hathaway slashes its stake**

· *Delta Air Lines stock plunged on Monday after Warren Buffett's Berkshire Hathaway slashed its stake in the troubled airline.*
· *The billionaire investor's conglomerate sold 13 million Delta shares for about $314 million last week, cutting its holding by 18%.*
· *Berkshire's disposal was a surprise, given it raised...
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Credit: The Street - Published
News video: Did Warren Buffett and Berkshire Just Bail on Airlines?

Did Warren Buffett and Berkshire Just Bail on Airlines? 02:08

Warren Buffett's Berkshire Hathaway in March made the contrarian bet of buying Delta Air Lines. Fast forward a month and he has sold the stock. Is he bailing on airlines?

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