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Constellation Brands up after Berkshire Hathaway doubles stake

ReutersMay 16, 2025 10:48 AM

Shares of Corona beer maker Constellation Brands STZ.N up 3.8% at $197.90 premarket

Warren Buffett's Berkshire Hathaway BRKa.N said on Thursday it more than doubled its stake in the company

Said stake grew to ~12 million shares worth $2.2 billion from 5.6 million shares at year end, giving Berkshire a 6.6% stake in Constellation

Up to Thursday's close, stock has fallen ~14% YTD

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