Berkshire Hathaway Reduces Position In Delta Air Lines, Southwest Airlines

Becky Quick said on CNBC’s “Options Action” that Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) sold some of its position in Delta Air Lines, Inc. (NYSE: DAL) and Southwest Airlines Co (NYSE: LUV).Berkshire’s stake in these companies was above 10% and it had to report any change within a few days, she said. Berkshire sold 12.9 million shares of Delta and it now owns 9.2% of the company. It sold 2.3 million shares of Southwest and it now owns 9.9%.Berkshire’s stake is these names is now below 10%, so we won’t know what it is doing with its position going forward, …read more

Source:: Yahoo Finance


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