Warren Buffet fully exited a stock that Wall Street predicts a 50% upside
Snowflake(SNOW) Finbold·2024-10-09 11:36
During the second quarter, Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) announced an update to its portfolio, with its transaction involving data cloud company Snowflake (NYSE: SNOW) standing out.Notably, Buffett fully exited his position in the stock, offloading almost $1 billion in the company. According to filings, Berkshire Hathaway did not provide a reason for the sale. Still, it aligns with the company’s recent selling spree involving high-profile companies such as technology giant Apple (NASDAQ: ...