Reported about 2 months ago
Occidental Petroleum's stock has fallen to $56.17, a price point that typically prompts major purchases from Warren Buffett's Berkshire Hathaway. However, the firm has remained below this threshold all month, raising questions about Buffett's strategy and whether he will increase his nearly 30% stake, worth $16.1 billion. The decline is compounded by external pressures, including stock sales by former shareholders.
Source: YAHOO