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Berkshire HathawayReuters
•81% Informative
Occidental shares fell to $ 56.17 on Tuesday , below a level that has routinely triggered big purchases by Warren Buffett's Berkshire Hathaway.
Berkshire is the largest owner of Occidental Petroleum shares with a stake worth $16.1 billion .
Wall Street analysts called it "the Berkshire put," for setting a price floor on the oil firm's shares.
The lack of purchases may reflect Buffett 's decision not to add to his nearly 30% stake, analysts said.
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