Berkshire Hathaway stock rises after Buffett successor revealed — Quartz
May 5, 2021 It’s all but impossible to imagine Berkshire Hathaway without Warren Buffett as its chief. But stock investors appear sanguine about the decision to make Greg Abel the 90-year-old’s eventual successor. Shares of the $644 billion Omaha-based conglomerate have rallied three-straight days after it emerged during the weekend that Abel, who is in charge of the company’s non-insurance businesses, is in line to eventually take over as CEO. The news slipped out seemingly inadvertently...
Source: qz.com