Berkshire invests in Atlanta Braves, sheds GM and other stocks By Reuters

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<span>© Reuters. Berkshire Hathaway logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2023. REUTERS/Brendan McDermid/File Photo</span><br />
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<p>(Reuters) &#8211; Berkshire Hathaway (NYSE:), the conglomerate run by billionaire Warren Buffett, on Tuesday said it has made a small investment in the company that indirectly owns the Atlanta Braves baseball team, and eliminated its holdings in General Motors (NYSE:) and Procter &amp; Gamble (NYSE:).</p>
<p>The changes were disclosed in a regulatory filing that detailed Berkshire&#8217;s U.S.-listed stock holdings, which comprise most of its $318.6 billion equity portfolio, as of Sept. 30.</p>
<p>Berkshire sold $7 billion of stocks and bought just $1.7 billion in the third quarter, a down period for its stock holdings led by Apple (NASDAQ:), whose share price fell 12%. </p>
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<br /><a href="https://www.investing.com/news/stock-market-news/berkshire-invests-in-atlanta-braves-sheds-gm-and-other-stocks-3234462">Source link </a></p><p>The post <a href="https://forextraderhub.com/berkshire-invests-in-atlanta-braves-sheds-gm-and-other-stocks-by-reuters.html">Berkshire invests in Atlanta Braves, sheds GM and other stocks By Reuters</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>