5:45 PM · 20 August 2024

Buffett’s Berkshire sells more Bank of America shares 📉

Bank of America Corp. (BAC.US) slumped more than 2.05% today after Warren Buffett’s Berkshire Hathaway Inc.(BRKB.US) sold between Aug 15 and Aug 19 more than $550 million worth of shares, further shrinking its stake in the bank. The bank's shares have risen nearly 16% since the beginning of the year. Thus, the Buffett-managed conglomerate is increasing its stock of available cash. 

During the quarter, Berkshire reduced its stake in Bank of America by a total of 104.39 million shares. Source: Bloomberg Financial LP

Following this news, the company's shares broke out below the short-term consolidation zone.  Source: xStation 

26 June 2026, 12:10 PM

Nasdaq down 1.3% ahead to the US open 📉On Semiconductor dips 13%

26 June 2026, 9:23 AM

Chinese stocks in panic mode 🚩 Alibaba down 50% from all-time high

25 June 2026, 6:57 PM

Daily summary: Semiconductors are swallowing Wall Street

25 June 2026, 6:24 PM

IBM shows a breakthrough: Leader of the next revolution?

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits