Warren Buffett Eliminated This Stock From Berkshire's Portfolio Last Year. It Has Fallen 32% in the First Half of 2024.
The Motley Fool
JULY 13, 2024
Last year, Warren Buffett and his team at Berkshire Hathaway eliminated its stake in Globe Life (NYSE: GL) , a stock that had been a part of its portfolio for over two decades. The company faced some serious legal issues last year and suffered a deep sell-off earlier this year when it was the subject of a short-seller report. Since the start of the year, Globe Life stock has plummeted 32.4%, according to data from S&P Global Market Intelligence.
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