Warren Buffett’s Berkshire Hathaway Continues to Reduce Bank of America Stake
Warren Buffett’s Berkshire Hathaway has been on a selling spree, reducing its stake in Bank of America for six consecutive trading days. The conglomerate sold 18.9 million shares of the bank at an average price of $42.46, raising $802.5 million. In total, Berkshire has unloaded 52.8 million Bank of America shares worth $2.3 billion, bringing