Berkshire Hathaway ups stake in Occidental Petroleum to 16.3%
Occidental Petroleum is trading higher on news of Berkshire Hathaway buying more shares of the company.
Video transcript
- And before we head to the break, Occidental is trading right now higher by about 3% pre-market, $57.50 a pop, following news that Berkshire Hathaway increased its share in the oil company to 16.3%.