Kraft Heinz Slumps to 307th in Trading Volume as Buffett's Berkshire Hathaway Eyes Exit

Generated by AI AgentAinvest Volume Radar
Friday, May 23, 2025 7:47 pm ET1min read

On May 23, 2025, The's trading volume was 2.70 billion, a 37.37% decrease from the previous day, ranking 307th in the day's stock market.

(KHC) fell 0.75%, marking its third consecutive day of decline, with a total drop of 5.73% over the past three days.

Speculation has been circulating that Warren Buffett, through his company

, is considering selling its stake in Kraft Heinz. This speculation arises from the fact that Berkshire Hathaway's cost basis in Kraft Heinz is around $9.8 billion, indicating a potential loss on the investment. Additionally, Berkshire Hathaway directors have left the board of Kraft Heinz, which could facilitate the process of selling shares in the packaged-foods firm.

Kraft Heinz has been evaluating strategic transactions to drive profitable long-term growth and unlock shareholder value. This move comes as the company seeks to address challenges and improve its financial performance. Warren Buffett has previously admitted that he overpaid for H.J. Heinz Company and Kraft Foods Group, and the combination of the two companies did not result in the expected synergies.

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