Berkshire Hathaway Acquires New Stake in Macy's Amid Retail Market Shift
Berkshire Hathaway, under CEO Greg Abel, has acquired a new stake of approximately $55 million in Macy's through the purchase of 3.04 million shares as revealed in its Q1 2026 filing on May 15, 2026. This move aligns with Berkshire’s strategy to invest in cash-generating businesses trading at undervalued prices.
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Topics: Berkshire Hathaway Delta Air Lines Macy's stock purchase