Delta Air Lines Inc (NYSE:DAL) shares are retreating Monday. Berkshire Hathaway revealed a major new position in the airline. Here’s what you need to know.

Delta Air Lines stock is facing resistance. What’s ahead for DAL stock?

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Berkshire Takes A Large New Stake

Delta is pulling back after today’s highs. Berkshire Hathaway disclosed a sizeable new investment in the carrier in its latest quarterly filing, CNBC reported. The conglomerate purchased $39.8 million Delta shares worth $2.6 billion at the end of March, making it one of Berkshire's largest positions.