Berkshire Hathaway’s $800 Billion Giant Faces Rare 25-Point Underperformance After Buffett Exit Announcement
Berkshire Hathaway, the $800 billion conglomerate, is facing a rare 25-point underperformance against the S&P 500 after Warren Buffett announced he would step down as CEO. Since May 2nd, Berkshire’s stock has fallen 14% while the S&P 500 has risen 11%, marking its steepest lag since 2020 and even worse than during the 2008 financial …