Berkshire-Backed Lennar Slides After Weak Q3 Earnings
Lennar TodayLENLennar98.42▼128.33Add to WatchlistOn Aug. 14, regulatory filings revealed that Warren Buffett’s Berkshire Hathaway NYSE: BRK.B had accumulated an approximately $800 million stake in U.S. homebuilder Lennar NYSE: LEN. These filings have a lag and show Berkshire’s position as of June 30. Surely, Berkshire is happy with the construction stock’s performance since then. From June 30 to Sept. 18, Lennar has p ...