Warren Buffett $13B Bet On Occidental Petroleum Turns Sour As Shares Plunge 29% Since Mid-April - Analyst Says He Could Buy More - Apple ( NASDAQ:AAPL ) , Bank of America ( NYSE:BAC )
Shares of Occidental Petroleum OXY have plummeted 29% since mid-April, impacting Warren Buffett's substantial investment in the company. What Happened: Chris Bloomstran, fund manager at Semper Augustus, suggested that while Buffett might buy more shares, he is unlikely to take over the company.
| Ticker |
Sentiment |
Impact |
|
OXY
|
Somewhat Bearish
|
22 %
|
|
AAPL
|
Somewhat Bearish
|
15 %
|
|
BAC
|
Neutral
|
22 %
|
|
BRK-A
|
Somewhat Bullish
|
7 %
|
