Veytics Intelligence
2026-10-17 · CNBC

Berkshire shares buck market sell-off, rally to highest since Buffett said he would step down as CEO

(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Berkshire Hathaway shares closed Friday at their highest level since Warren Buffett told shareholders at the May 2025 annual meeting he planned to step down as CEO at the end of that year . The day before that Saturday surprise, both the Class A and Class B shares had closed at all-time highs. Over the next three months, they lost more than 14% of their value as investors worried a " Buffett premium " was dissolving. It's been more than a year since their post-meeting low in August of 2025, and the recovery has not been a straight line, but BRK.

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