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Monday, November 18, 2024

RH stock plunges 8% after Warren Buffett’s Berkshire Hathaway dumps its entire stake in the home furnishings company

RH stock plunged as much as 8% on Tuesday after a 13F filing from Berkshire Hathaway revealed that Warren Buffett sold its entire stake in the high-end home furnishings company last quarter. Berkshire first purchased shares of RH in the third quarter of 2019 when the stock was trading in a range of …

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