Berkshire Hathaway May Sell Its Stake in Kraft Heinz Amid Poor Performance
Berkshire Hathaway, led by new CEO Greg Abel, may be considering selling its $7.3 billion stake in Kraft Heinz, which has underperformed over the past decade. The investment, made in 2015, has seen shares drop from $75.50 to around $22, reflecting significant losses for Berkshire.
Tickers: $KHC
Topics: Berkshire Hathaway Investment Performance Kraft Heinz Stock Portfolio Warren Buffett