Berkshire shares shake the Buffett blues with new all-time highs
Source: CNBC ·
After almost 18 months, Berkshire Hathaway shares have entirely erased all the ground they lost in the wake of Warren Buffett's surprise announcement at the 2025 shareholders meeting that he would step down as CEO.
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(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Berkshire shares shake the Buffett blues with new all-time highs After almost 18 months, Berkshire Hathaway shares have entirely erased all the ground they lost in the wake of Warren Buffett's surprise announcement at the 2025 shareholders meeting that he would step down as CEO at the end of that year. On Friday, May 2, 2025, the Class A shares closed at $809,350. The Class B shares finished at $539.80. The meeting was the following day, Saturday, May 3. On Monday, May 5, BRK.A dropped 4.9% and BRK.B lost 5.1%. CNBC.com noted a 14% drop in Q1 operating earnings , also announced that Saturday, may have contributed to the declines. It also relayed some reassurance from analysts like Brian Meredith at UBS who predicted the company's culture and strategy would "remain unchanged" under new CEO Greg…