Berkshire Hathaway B Stock Drops 1.08% in Two Days, Trading Volume Ranks 27th as Buffett Steps Aside

On May 20, 2025, Berkshire Hathaway B (BRK.B) experienced a 0.71% decline, marking two consecutive days of losses with a total decrease of 1.08%. The stock's trading volume for the day was 18.98 billion, ranking it 27th among all stocks traded that day.

Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, has announced that he will not be taking the stage at future shareholder meetings. This decision comes as Greg Abel, a Canadian businessman, is set to take over as CEO by the end of the year. Abel, who has been a key figure within Berkshire Hathaway, will now be responsible for leading the company forward. This transition marks a significant change for Berkshire Hathaway, as Abel will inherit a substantial cash stockpile of $350 billion. The market is closely watching how Abel will manage this financial resource and steer the company into the future.

As Buffett steps down, there is speculation about whether Berkshire Hathaway will start paying dividends under Abel's leadership. This change could attract a different set of investors who are more focused on income rather than capital appreciation. Additionally, Abel's approach to investing and managing the company's portfolio will be under scrutiny, as he takes over from one of the most successful investors in history.