scorecard
  1. Home
  2. stock market
  3. Warren Buffett is loading up on airlines

Warren Buffett is loading up on airlines

Elena Holodny   

Warren Buffett is loading up on airlines

warren buffett

Reuters/Shannon Stapleton

Warren Buffett is loading up on airline stocks.

Buffett's Berkshire Hathaway is taking new stakes in American Airlines, United, and Delta, according to the company's latest 13-F filing.

The firm also took a stake in Southwest Airlines, according to CNBC.

Stocks for the firms jumped in after-hours trading. Around 4:19 p.m. ET they were at:

  • American Airlines: up 2.2% to $44.35 per share.
  • United Continental Holdings: up 1.0% to $63.58 per share.
  • Delta Air Lines: up 1.6% to $48.25 per share.
  • Southwest Airlines: up 2.3% to $46.40 per share.

According to data from Bloomberg, Berkshire Hathaway added 21.8 million shares of American Airlines, 6.33 million shares of Delta Air Lines, and 4.53 million shares of United Continental.

Berkshire Hathaway also exited Suncor Energy, according to Bloomberg. It's stock is down by 0.5% to $29.19 per share.

NOW WATCH: The pros and cons of drinking protein shakes after exercising

READ MORE ARTICLES ON



Popular Right Now



Advertisement