Warren Buffett's Berkshire Hathaway has been accelerating the sale of shares in BYD, China's top electric vehicle seller. Despite BYD's strong sales and market position, Berkshire has reduced its stake to below 6%. The divestiture included dumping over 2 million BYD shares on June 19, generating HKD473 million (USD65.2 million). Berkshire's stake in BYD has decreased from 24.6% in August 2022 to 6% now.
🔵 INTERACTIVE BROKERS SAYS IT LOST $48 MILLION DUE TO NYSE GLITCH Brokerage firm Interactive Brokers said on Wednesday it had lost $48 million due to a glitch at the New York Stock Exchange earlier this month that triggered massive swings in the price of Berkshire Hathaway's… https://t.co/86G2agFNwl
Interactive Brokers $IBKR faces a $48M loss from a June 3 trading anomaly involving Berkshire Hathaway stock. The NYSE has denied all claims filed by Interactive Brokers regarding this issue.
Interactive Brokers to See Loss of $48M From June 3 Trading Anomaly for Berkshire Hathaway Stock $IBKR
*INTERACTIVE BROKERS FILED CLAIMS ON NYSE TECHNICAL ISSUE *INTERACTIVE BROKERS REALIZED LOSSES IN AMOUNT OF ABOUT $48M *INTERACTIVE BROKERS SAYS NYSE DENIED THOSE CLAIMS IN FULL IB first steamrolled on negative oil prices, now on Berkshire "crashing" 99.9%
Warren Buffett's Berkshire Hathaway has accelerated its selling of shares in BYD , China's largest seller of electric vehicles. https://t.co/7sX1E0kcm1
Warren Buffett's Berkshire Hathaway dumped over 2 million BYD shares on June 19 to rake in HKD473 million (USD65.2 million), per a Hong Kong bourse filling yesterday. The investment firm pared its stake in @BYDCompany to 6% from 24.6% in August 2022. https://t.co/zvtqQNznYI
Warren Buffett’s Berkshire Hathaway accelerates divestiture of holdings in China’s largest EV seller https://t.co/q1R6EztLI8
#Warren Buffet's Berkshire Drops #BYD Stake Despite EV Leader Seeing Record Sales Despite BYD's record sales and market dominance, Warren Buffett's Berkshire Hathaway has steadily reduced its stake to below 6%.
Warren Buffet's Berkshire Drops BYD Stake Despite EV Leader Seeing Record Sales Despite BYD's record sales and market dominance, Warren Buffett's Berkshire Hathaway has steadily reduced its stake to below 6%. Berkshire's ongoing sell-off in BYD aligns with Buffett's strategy to… https://t.co/q8bG7i0eYg
🔵 BERKSHIRE HATHAWAY ACCELERATES SALES OF CHINA'S BYD Warren Buffett's Berkshire Hathaway has accelerated its selling of shares in BYD, China's largest seller of electric vehicles. Full Story via Reuters on PiQ Suite - Link in Bio https://t.co/Ja67fA3Rbr
This guy loses $50,000 in 3 minutes. The reality is, 99% of traders end up losing $ in the long-run. It’s incredibly rare for someone to consistently profit from the daily, minute-by-minute, or second-by-second swings in stock prices. Chasing quick gains this way isn’t the path… https://t.co/0FW36cke5C