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Beverage Stock Surges as Berkshire Doubles Stake
STZConstellation Brands(STZ) Schaeffers Investment Research·2025-05-16 13:52

Shares of Constellation Brands Inc (NYSE:STZ) are up 3.4% at 197.18atlastglance,afterWarrenBuffettsBerkshireHathaway(BRK.A)hikeditsstakeinthebeveragecompany.NowBuffettcarriesaround12millionsharesworth197.18 at last glance, after Warren Buffett's Berkshire Hathaway (BRK.A) hiked its stake in the beverage company. Now Buffett carries around 12 million shares worth 2.2 billion -- double its previously reported holdings. STZ has struggled to make any significant upward movement on the charts in 2025, testing the overhead $190 level upon multiple breakout attempts. Heading into today the equity sports a 13.7% year-to-date deficit.Options traders ...