HPQ - Warren Buffett's Berkshire Slashes HP Stake: A Strategic Retreat or a Sign of Shifting Tech Trends? | Benzinga
Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B), led by billionaire investor Warren Buffett, has significantly reduced its stake in HP Inc (NYSE: HPQ), cutting its holdings by nearly half.
As of November 30, Berkshire owned 51.5 million shares or 5.2% of HP, based in Palo Alto, California, marking a decrease from the approximately 97.85 million shares held on October 3, Bloomberg reports.
This share reduction indicates that Berkshire ...