Newsig · CNBC
Lennar shares pop as Berkshire builds almost a 10% stake in beleaguered homebuilder
The conglomerate built by Warren Buffett and led today by Greg Abel holds a sizable stake in Miami-based homebuilder Lennar.
Why it matters
BRK.B (Berkshire Hathaway) · Why linked: Berkshire is the buyer building the position in Lennar Market context: Deploying significant capital into a single homebuilder increases exposure to the U.S. housing sector for Berkshire.
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