Warren Buffett Sells Shares in Three Major Stocks

Reported about 18 hours ago

Warren Buffett has recently sold significant portions of his holdings in three notable companies: Apple, Bank of America and Ulta Beauty. This move comes as Buffett reduces his stake in Apple by two-thirds, citing tax concerns and softened iPhone demand. He also sold parts of his long-held shares in Bank of America after a substantial price increase throughout the year. Furthermore, he drastically cut Berkshire Hathaway's investment in Ulta Beauty, just months after substantially increasing it, amidst concerns over the company's future performance.

Source: YAHOO

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