Berkshire Hathaway Invests $55M in Macy's Amid Retail Challenges
Berkshire Hathaway, led by CEO Greg Abel, has invested approximately $55 million in Macy’s (M), acquiring a 3.04 million-share stake as revealed in its Q1 2026 filing. The move comes despite the stock being down nearly 17% year-to-date and trading at around $18 per share.
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