Reported about 2 months ago
Warren Buffett's Berkshire Hathaway sold over 2.6 million shares of Capital One, reducing its stake by 21%. This move has raised concerns among investors about potential issues in the financial services company, especially as consumer spending is under scrutiny and delinquencies on credit card loans have been rising. While the stock saw a significant recovery and is currently valued higher, the team's recent sell-offs may indicate caution about future market trends.
Source: YAHOO