The stock price of investment giant Berkshire Hathaway (BRK.A.US) fell 3% on Monday against the market trend, as the company announced a multi-billion dollar impairment in its second-quarter earnings and chose to forgo buybacks.
The company's quarterly report showed that its investment in Kraft Heinz (KHC.US) recorded an impairment expense of $3.8 billion, with the book value of its holdings dropping from $17 billion at the end of 2017 to $8.4 billion

BRK.B

07777

The stock god Warren Buffett's investment flagship Berkshire Hathaway (BRK) saw its stock price drop 3% on Monday against the market trend, as the company announced a write-down of several billion dollars in its second-quarter earnings and chose to forgo buybacks. The company's quarterly report showed that its investment in Kraft Heinz recorded a loss of $3.8 billion, with the book value of its holdings decreasing from $17 billion at the end of 2017 to $8.4 billion

AASTOCKS

Berkshire Hathaway B

Kraft Heinz

XL2CSOPBRKB

Berkshire Hathaway (BRK) stock price fell 3% against the market trend, recording a nearly $4 billion impairment on its investment in Kraft Heinz last quarter

巴郡 (BRK.股价逆市跌 3% 上季对卡夫亨氏投资录近 40 亿美元减损