Previous Close | 0.1400 |
Open | 0.0100 |
Bid | 0.0000 |
Ask | 0.1800 |
Strike | 495.00 |
Expire Date | 2024-10-04 |
Day's Range | 0.0100 - 0.0100 |
Contract Range | N/A |
Volume | |
Open Interest | 7 |
Morning Brief Hosts Seana Smith and Brad Smith check in on some Yahoo Finance trending tickers. Tesla (TSLA) is recalling more than 27,000 Cybertruck vehicles in the US due to delayed rear-view camera images. Costco (COST) will begin selling platinum bars after seeing success in its sales of gold bars and silver coins. Warren Buffett's Berkshire Hathaway (BRK-A, BRK-B) has once again reduced its stake in Bank of America (BAC), selling shares worth $338 million according to a regulatory filing. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
Berkshire Hathaway is the ultimate Warren Buffett stock — but is it a good buy as its cash pile builds and a key executive sells shares?
In a regulatory filing on Wednesday night, Berkshire said it sold 8.55 million Bank of America shares this week for about $337.9 million. Berkshire still owns about 10.2% of the second-largest U.S. bank, or a slightly higher percentage if Bank of America has yet to disclose recent stock buybacks. Thereafter, investors must likely wait for Berkshire'squarterly financial reports or quarterly stock holdingsdisclosures to learn if the Omaha, Nebraska-based company soldmore.