Berkshire Hathaway (BRK.A) shares surged 5.51% in Wednesday's trading session, following the company's rare public statement addressing false claims circulating on social media platforms. The statement firmly denied reports that Warren Buffett, the company's CEO and renowned investor, had endorsed President Trump's economic policies, particularly regarding tariffs.

The unusual press release from Berkshire Hathaway stated, "There are reports currently circulating on social media (including Twitter, Facebook, and Tik Tok) regarding comments allegedly made by Warren E. Buffett. All such reports are false." This direct refutation of misinformation appears to have restored investor confidence in the company and its leadership.

Further bolstering the stock's performance were Buffett's actual views on tariffs, which were clarified in recent interviews. Contrary to the false social media claims, Buffett has expressed concerns about the impact of tariffs on the economy. In a recent CBS News interview, he referred to tariffs as "an act of war" and warned about their potential to drive up prices for consumers. This stance aligns with his previous comments, where he cautioned that a full-scale trade war "could be very bad, depending on the extent of the war."

The market's positive reaction suggests that investors appreciate Berkshire Hathaway's proactive approach to addressing misinformation and value Buffett's measured, experience-based perspective on economic policies. As global trade tensions continue to impact markets, Buffett's insights and Berkshire's clear communication strategy appear to be reassuring factors for shareholders.