Dillard’s jumps more than 30% after one of Buffett’s investing lieutenants discloses personal stake PUBLISHED MON, OCT 12 20208:58 AM EDTUPDATED 18 MIN AGO Pippa Stevens @PIPPASTEVENS13 KEY POINTS
Shares of Dillard’s jumped more than 30% on Monday after one of Warren Buffett’s investing lieutenants disclosed a personal stake in the embattled retailer.
Ted Weschler, who is an investment manager at Berkshire Hathaway, bought roughly 1.08 million shares of Dillard’s, or about 5.89% of shares outstanding.
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