Berkshire Hathaway shares rally to highest level since Buffett CEO announcement
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Berkshire Hathaway shares rallied more than 1% on Friday, rebounding from a Thursday loss that broke a 10-session winning streak. Class A shares closed at $798,000, only 1.4% below their all-time high of $809,350, while Class B shares finished at $532.02, also 1.4% below their record high of $539.80. The recovery comes more than a year after shares dropped over 14% following Warren Buffett's May 2025 announcement that he would step down as CEO, driven by investor approval of buybacks and investments under CEO Greg Abel.
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