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Berkshire Hathaway disclosed a sizeable new investment in the carrier in its latest quarterly filing.
Berkshire Hathaway has taken a $2.6 billion position in Delta Air Lines as of March.
KEY POINTS
- This marks Berkshire's first airline investment under CEO Greg Abel after a six-year absence.
- Berkshire previously sold all airline stocks, including Delta, stating permanent pandemic-induced travel changes.
- Delta Air Lines’ stock remains in a technically bullish trend despite the recent pullback.
COMPANIES
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