Reported about 1 month ago
Billionaire Warren Buffett's Berkshire Hathaway has sold approximately $845 million worth of Bank of America shares, reducing its stake in the bank significantly. This sale is part of a larger trend, with Berkshire having offloaded over $6 billion in Bank of America shares since July, despite Buffett's earlier confidence in the bank's leadership. As of the end of August, Berkshire sold around 21.1 million shares.
Source: YAHOO