BofA Stock Falls as Berkshire Hathaway Continues Stake Reduction

Reported 2 months ago

Bank of America (BAC) shares declined on Friday after Berkshire Hathaway, led by Warren Buffett, further reduced its holdings in the bank. This latest move adds to a series of sales that have totaled $3.8 billion since mid-July, following a previous share offload by Berkshire earlier in the week. Catalysts co-hosts Seana Smith and Madison Mills discuss the implications of these transactions.

Source: YAHOO

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