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Berkshire Sells Apple Again: How Will Stock Move?
Berkshire Hathaway reduced its holdings of Apple stock by nearly half in the second quarter and further reduced them by about 25% in the third quarter. This has left the conglomerate with only a small fraction of the Apple stock it held at the beginning of the year. Previously, Apple fell after earnings.
Berkshire's cash reserves have reached a record high. As of the end of the third quarter, the company held $325.2 billion in cash.
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Has the moat of Apple disappeared or not?
How will the stock move?
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