Why Berkshire Hathaway Stock Crashed 8% Today
Shares of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), the Warren Buffett investment vehicle and industrial conglomerate, collapsed 8.1% today for the Class B stock and 8.6% for the pricier Class A stock.
Warren Buffett. Image source: The Motley Fool.
Coronavirus is the instinctive (and mostly correct) answer. World Health Organization data has the respiratory disease now affecting more than 207,000 people in 166 countries. It's wreaking havoc on economies, and threatening to pull the whole world into recession.
Source Fool.com
