https://finance.yahoo.com/news/warren-buffetts-berkshire-hathaway-just-072700755.html
After a strong year, Berkshire calls it quits on T-Mobile
The one position that Berkshire completely exited in the quarter was in the large mobile carrier T-Mobile (NASDAQ: TMUS). The company sold its entire position that had been valued at over $1 billion.
@fp Do the math. That's over $175 Million. Nice 6 month payday
How’s that stock rebound going?
@fp He's got to pay for his next plane somehow.
@OP https://www.nasdaq.com/market-activity/stocks/tmus/insider-activity
Sievert has sold almost 25% of his position so far this year. Over 50k shares every three months.
Feb: 428,557 shares
Aug: 358,722 shares
@OP https://stockcircle.com/portfolio/warren-buffett/tmus/transactions
@a1 Buffett was in TMUS for years. It's not about the instant reaction to the news, it's the fact that TMUS has lost the Buffett seal of approval.
Buffet is out, Druckenmiller is out. DT is dumping shares daily, the whole board is dumping regularly. Layoffs and offshoring. Growth is behind the company, it's quite clear.
Ancient history— see how stock reacted?
@OP this is 5 day old news. Market has already moved on.