> Warren Buffett Blog: Selling all Walmart shares

Wednesday, February 22, 2017

Selling all Walmart shares


Warren Buffett's Berkshire Hathaway has sold off $900 million of Walmart stock, choosing instead to invest billions in airlines.

The sale, which leaves Buffett with nearly no shares in Walmart, comes as the US's largest traditional retailer has been rushing to catch up to Amazon and other online competitors.