Billionaire Warren Buffett Recently Cut This Stock From Berkshire Hathaway's Portfolio. It Just Dropped 53% In 1 Day. Here's What Investors Need to Know.
Globe Life (NYSE: GL) stock plummeted by more than 53% in a single day last week after short-seller Fuzzy Panda Research accused the life insurance company of fraud. The claims piled onto the already struggling stock, which had previously been a longtime holding of Warren Buffett's conglomerate, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B).
If you're thinking about buying the dip in the stock, there are some things you'll want to know.
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Source Fool.com
Berkshire Hathaway Inc. A Aktie
605.500 €
-1,30 %
Leichtes Buy-Überwiegen bei Berkshire Hathaway Inc. A im Vergleich zu Sell-Einschätzungen.
Das Kursziel von 650000 € für Berkshire Hathaway Inc. A weist auf ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 605500.0 € hin.
