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Warren Buffett's Berkshire Hathaway (BRK-A, BRK-B) has further cut its stake in Bank of America (BAC) to below 10%. Berkshire has unloaded a total of 257 million shares over the past 13 weeks.
Morning Brief Hosts Seana Smith and Brad Smith report more on the move and discuss some of the reasons influencing the decision.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Melanie Riehl