Warren Buffett dumps $7 billion of this stock in 2 months
BACBank of America(BAC) Finbold·2024-09-17 21:07

Renowned investor Warren Buffett, known for his long-term stock picks and strategic patience, is on a selling spree. Over the last couple of months, his company, Berkshire Hathaway (NYSE: BRK.A), has unloaded a significant chunk of Bank of America (NYSE: BAC) stock. And it wasn’t just a small adjustment. Since mid-July, Buffett has sold a staggering $7.2 billion worth of BAC stock, reducing Berkshire’s position by 174.7 million shares. In just three trading days last week, Berkshire sold an additional 5.8 m ...