Berkshire Hathaway trims stake in Bank of America

Berkshire Hathaway News

Berkshire Hathaway trims stake in Bank of America
Bank Of AmericaWarren BuffettOutstanding Shares
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Bank of America (BAC) is in the spotlight as Warren Buffett's Berkshire Hathaway (BRK-B, BRK-A) sells a portion of its stake in the bank. Berkshire Hathaway ...

) sells a portion of its stake in the bank. Berkshire Hathaway has offloaded approximately $550 million worth of Bank of America stock, leaving the company with a 12% stake in the bank's outstanding shares .Let's check a Bank of America here that stock is sinking today down about 2% after Warren Buffett 's Berkshire Hathaway sold more than 550 million worth of shares.

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