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Berkshire Hathaway Shares Reach All-Time Highs After Buffett CEO Exit News
Berkshire Hathaway shares reached all-time highs following the announcement that Warren Buffett will exit as CEO.
Berkshire Hathaway shares reached record closing highs of $820,500 for Class A and $546.97 for Class B on Thursday. This recovery follows a period where stocks fell nearly 15% after Warren Buffett announced at the May 3, 2025, Omaha meeting he would exit as CEO by year-end. Adam Patti of VistaShares claims the market now believes Greg Abel can run the company, while Barron's notes the firm holds over $350 billion in cash.
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Berkshire Hathaway Shares Reach All-Time Highs After Buffett CEO Exit News
Shares of Berkshire Hathaway have reached new all-time highs, erasing all losses sustained over the previous 18 months. The dip had begun following Warren Buffett's surprise announcement at the 2025 shareholders meeting regarding his departure as CEO. The current market surge indicates investor confidence has returned despite the leadership transition. The recovery marks a complete reversal of the 'Buffett blues' that affected the stock price.