India  

Warren Buffett Says Berkshire Hathaway Has Sold Its Airline Stocks

Video Credit: Cheddar Inc. - Duration: 00:20s - Published
Warren Buffett Says Berkshire Hathaway Has Sold Its Airline Stocks

Warren Buffett Says Berkshire Hathaway Has Sold Its Airline Stocks

Warren Buffett revealed that Berkshire Hathaway has sold its stake in the big four U.S. airlines: United, American, Southwest, and Delta.

The investment was worth more than $4 billion, and Buffett said the coronavirus is the reason the firm divested its position in the industry.


You Might Like

Related news from verified sources

Wall St snaps two-day slump as tech titans give lift

U.S. stocks ended higher on Monday as increases in large tech and internet companies and oil price...
Reuters India - Published


Related videos from verified sources

Warren Buffett Waiting To Deploy $137 Billion Cash Pile [Video]

Warren Buffett Waiting To Deploy $137 Billion Cash Pile

Rick Wilking/Reuters Warren Buffett's Berkshire Hathaway hasn't closed a major takeover since 2016, and the holding company's ammunition for such a deal is building up. Berkshire has $137 billion to..

Credit: Wochit Business     Duration: 00:33Published
Warren Buffett's Berkshire Hathaway Sells Entire Position in U.S. Airline Industry [Video]

Warren Buffett's Berkshire Hathaway Sells Entire Position in U.S. Airline Industry

The company's stake in airlines, including United, American, Delta, and Southwest, was worth about $4 billion.

Credit: The Street     Duration: 00:56Published
Warren Buffett Hosts His Annual 'Woodstock For Capitalists,' But Virtually [Video]

Warren Buffett Hosts His Annual 'Woodstock For Capitalists,' But Virtually

Billionaire investor Warren Buffett discussed a range of topics at Berkshire Hathaway's annual meeting on Saturday. The Berkshire Hathaway CEO hosted the virtual event and answers questioned posed by..

Credit: Wochit     Duration: 00:35Published