Berkshire Hathaway Class A and Class B shares this week set all-time closing highs above the records they held just before Warren Buffett said in May 2025 that he would step down as chief executive, CNBC reported Saturday¹.

CNBC said the Friday, May 2, 2025, closes were $809,350 for Class A and $539.80 for Class B, both records, with the annual meeting the next day¹.

On Monday, May 5, 2025, Class A fell 4.9% and Class B fell 5.1%, CNBC said, noting a 14% drop in first-quarter operating earnings announced that Saturday may have added to the decline¹.

The outlet said it also carried analyst comments at the time, including UBS's Brian Meredith, who predicted Berkshire's culture and strategy would remain unchanged under Greg Abel¹.

Since that drop, CNBC said the shares rallied about 18%; it said both classes topped pre-announcement levels on Tuesday this week¹.

Thursday's closing highs were $820,500 for Class A and $546.97 for Class B, according to CNBC; Friday they lost almost 1% but remained roughly half a percentage point above the May 2, 2025, records¹.

Berkshire's gains have cut its year-to-date gap versus the S&P 500 to less than four percentage points, CNBC reported¹.

On CNBC's Morning Call Monday, Adam Patti of VistaShares, which runs an ETF tracking Berkshire's portfolio, said the market spent a year pricing Berkshire without Buffett and has decided Abel can run it¹.

Patti said Berkshire is a coiled spring that comes back fast, according to CNBC¹.

Sources

1. CNBCBerkshire shares shake the Buffett blues with new all-time highsOct 24, 8:52 AM

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