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CNBC

Buffett's Berkshire sells $3.8 billion worth of Bank of America in 12-day selling spree

CNBC
Summary
Nutrition label

76% Informative

Berkshire Hathaway shed 19.2 million BofA shares on Tuesday, Wednesday , and Thursday for almost $779 million .

The bank stock has dropped 5.2% so far this week , going as low as $38.98 in Thursday 's trading.

Buffett famously bought $5 billion worth of Bank of America's preferred stock and warrants in 2011 .

VR Score

80

Informative language

83

Neutral language

12

Article tone

formal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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