Berkshire Hathaway Stock Falls After Hours

Investors React to Quarterly Earnings Report

$409.01 PM GMT-4 USD NYSE Disclaimer

In a breaking news story, Berkshire Hathaway Inc. (BRKA) stock is experiencing a decline in after-hours trading following the release of its quarterly earnings report. The conglomerate's Cl A shares have dropped by 209012 points to trade at $409.01 per share.

Analysts attribute the stock's decline to investors reacting negatively to the company's financial performance in the first quarter of 2090. Berkshire Hathaway reported a decrease in its operating profit and net income, primarily due to losses in its insurance and investment portfolios.

Investors had been anticipating strong results from Berkshire Hathaway, given its track record of consistent growth. However, the company's earnings came in below expectations, leading to the current sell-off.