Warren Buffett's company trims its investment in printer maker HP by selling 5.5 million shares

  • 📰 AP
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Warren Buffett's company sold off 5.5 million HP Inc. shares this week to trim a stake that it established just last year.

Warren Buffett’s company trims its investment in printer maker HP by selling 5.5 million shares

FILE - Berkshire Hathaway Chairman and CEO Warren Buffett smiles during an interview, May 7, 2018, in Omaha, Neb. Buffett’s company sold off 5.5 million of its HP Inc. shares this week, trimming a stake that it established in 2022, but even after the sales, Berkshire Hathaway still owns nearly 12% of the printer and computer maker’s stock. HP stock dropped nearly 2% to sell for $27.80 on Thursday, Sept.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Berkshire Hathaway Inc. Cl B stock rises Tuesday, outperforms marketShares of Berkshire Hathaway Inc. Cl B inched 0.62% higher to $367.78 Tuesday, on what proved to be an all-around dismal trading session for the stock...
Source: MarketWatch - 🏆 3. / 97 Read more »

Alphabet Inc. Cl A stock falls Tuesday, underperforms marketShares of Alphabet Inc. Cl A shed 1.15% to $135.34 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500...
Source: MarketWatch - 🏆 3. / 97 Read more »

Netflix Inc. stock falls Tuesday, underperforms marketShares of Netflix Inc. slid 2.40% to $434.69 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index...
Source: MarketWatch - 🏆 3. / 97 Read more »