Berkshire Hathaway B shares gained 2.04%, closing at $503.83 on February 4, 2026, as investors rotated toward value and cyclical assets, allowing the company's diversified portfolio to significantly outperform a volatile broader market.
- The stock's strength sharply contrasted with the broader market, where the Nasdaq declined 2% due to a tech sector selloff that erased $285 billion in software sector value.
- The positive momentum is also linked to Greg Abel's recent assumption of CEO duties, signaling potential portfolio optimization, with reports indicating Berkshire may divest its Kraft Heinz stake in 2026.