Berkshire Hathaway Inc. Class B shares dropped 1.97% after its utility unit, Berkshire Hathaway Energy (BHE), continued its legal efforts to limit financial liability related to wildfire damages.
- The subsidiary asked an Oregon appeals court to limit compensation payments related to wildfire damages, introducing ongoing operational and legal risk.
- The stock closed the session at $498.08, significantly underperforming the broader market, which saw major indices climb.