Berkshire Hathaway falls as post-Buffett era starts
ReutersJan 2, 2026 6:03 PM
Class B shares of Berkshire Hathaway BRKb.N fall 1.5% to $494.87, after Warren Buffett handed Greg Abel the top job
Abel joined Berkshire in 2000 after it acquired MidAmerican Energy, now known as Berkshire Hathaway Energy
In May, Buffett decided to leave CEO role at the end of 2025
Buffett took control of Berkshire, once a floundering textile mill, on May 10, 1965, after a dispute with prior management
Company's class B shares down ~1.4% in 2025
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