Berkshire Hathaway reportedly raises Lennar stake to 11%
Barron's says Berkshire, which owns several homebuilders, appears to have taken advantage of Lennar's depressed stock price.
TLDR
Barron's reports that Berkshire Hathaway bought more Lennar stock and now owns 11% of the homebuilder. The publication says Berkshire appears to have taken advantage of Lennar's depressed stock price, adding to its holdings in a sector where it owns several homebuilders.
Berkshire Hathaway reportedly raises Lennar stake to 11%
Barron's says Berkshire, which owns several homebuilders, appears to have taken advantage of Lennar's depressed stock price.
TLDR
Barron's reports that Berkshire Hathaway bought more Lennar stock and now owns 11% of the homebuilder. The publication says Berkshire appears to have taken advantage of Lennar's depressed stock price, adding to its holdings in a sector where it owns several homebuilders.