Warren Buffett, a famous investor, just bought a lot of stock in Constellation Brands, a company that makes alcohol like beer and wine! This is big news because many investors follow what he does.
- Buffett's company now owns a big chunk of Constellation Brands.
- Constellation Brands' stock price went up after the news.
- Buffett likely thinks Constellation Brands will do well in the future, even though it's had some problems recently.
| Fact | Number |
|---|---|
| Buffett's company bought | 5.6 million shares |
| Constellation stock price change after news | Up over 5% |
| Constellation's year-to-date stock price change | Down 23% |
Even though Constellation Brands hasn't done so well lately, Buffett thinks it's a good investment because it makes a lot of money and has strong assets. It's like finding a great deal on a toy!
