Reported about 1 month ago
Berkshire Hathaway has sold over $6 billion worth of Bank of America shares, as part of a series of sales since mid-July, cashing in on significant gains in the stock. The conglomerate discharged approximately 21.1 million shares recently, indicating profit-taking after a strong performance by the bank's stock, which has risen over 50% since late October. Despite the sales, Berkshire remains the largest shareholder in Bank of America.
Source: YAHOO