Warren Buffett Reported Sale On Wednesday of 5,502,172 Shares of HP @ Avg Price Of $28.81/Share In Form 4 Filing
Portfolio Pulse from Charles Gross
Warren Buffett has reportedly sold 5,502,172 shares of HP at an average price of $28.81 per share, according to a Form 4 filing.
September 14, 2023 | 9:33 am
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NEGATIVE IMPACT
Warren Buffett's sale of over 5.5 million shares of HP could potentially impact the company's stock price.
Warren Buffett's sale of a significant number of shares could be interpreted by the market as a lack of confidence in the company's future performance, potentially leading to a decrease in the stock price. However, the actual impact will depend on the overall market sentiment and other factors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100