Buffett's Bumpy Ride With IBM Draws to a Close With Stock Sales

Buffett’s stake in IBM plunges 94% to about 2 million shares
Berkshire adds more to Apple holding, takes new stake in Teva

Bloomberg’s Tom Giles reports on Buffett’s decision to cut Berkshire’s stake in Big Blue by 94 percent.(Source: Bloomberg)

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Noah Buhayar and Katherine Chiglinsky

February 14, 2018 at 9:16 PM UTC

Updated on

February 14, 2018 at 11:22 PM UTC

This article is for subscribers only.

Warren Buffett is just about done with International Business Machines Corp.

His conglomerate, Berkshire Hathaway Inc., reported that it cut its stake in Big Blue by 94 percent during the fourth quarter, essentially drawing to a close a rare blemish on his investing record.