Shares of Netflix, Inc. NFLX slid 1.9% on President Trump’s tariff announcement on foreign-produced movies, ending an 11-day winning streak.
Shares of Berkshire Hathaway Inc. (BRK.B) slumped 5.1% on Warren Buffett announcing that he will step down from the post of CEO at the beginning of the next year.
Shares of Skechers U.S.A., Inc. SKX soared 24.4% on reports that it has agreed to be taken private by 3G Capital in a $9.42 billion deal in the footwear industry's biggest buyout to date.
Shares of BP p.l.c. BP fell 3.8% on energy emerging as the biggest loser in the session.
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