Berkshire Hathaway Faces Longest Losing Streak Since 2018 with 4.7% Drop

AI Summary

Shares of Berkshire Hathaway have experienced an eight-day losing streak, the longest since December 2018. Class A shares are down 4.7% and Class B shares have fallen by 4.9% since March 17. This decline parallels a 5.2% decrease in the S&P 500 over the same period. Year-to-date, Berkshire has lost over 13% in value, while its stock remains approximately 2% above the lows recorded in August. Additionally, Berkshire Hathaway's investment in Tokio Marine Holdings has increased in value by over 24% following the announcement of a $1.8 billion stake acquisition.