Warren Buffett sells $338 million of BofA stock as spree slows

  • Posted on October 3, 2024
  • By Business News Today
  • 2 Views
Warren Buffett sells $338 million of BofA stock as spree slows

Warren Buffetts Berkshire Hathaway has been gradually reducing its stake in Bank of America, with recent sales at lower prices compared to earlier disposals. The latest transactions fetched $338 million, marking a decrease from prior rounds, though Berkshire remains the bank's top shareholder with a 10.2% stake valued at over $31 billion.
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