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Buffets Berkshire Reveals Its Stake In Amazon

Credit: Wochit News
Published on May 16, 2019 - Duration: 00:32s

Buffets Berkshire Reveals Its Stake In Amazon

On Wednesday, Berkshire Hathaway disclosed a filing with the Securities and Exchange Commission.

It reveals that it bought 483,300 shares in the first quarter, worth about $904 million.

CEO Warren Buffett told CNBC earlier this month Berkshire had been buying Amazon shares, but didn't reveal how much.

Amazon's stock rose modestly in late Wednesday trading.

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Buffets Berkshire Reveals Its Stake In Amazon

A MAY 7, 2018, FILE PHOTO

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