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Buffett's Apple Stake Drops By $19-Billion

Video Credit: Wochit News
Published on September 4, 2020 - Duration: 00:32s

Buffett's Apple Stake Drops By $19-Billion

Warren Buffett's Berkshire Hathaway saw the value of its Apple stock tumble as much as $19 billion in two days.

On Thursday, Apple's stock price dropped 8%.

On Friday, Apple dropped as much as 7%.

That cut the value of Berkshire's roughly 981 million shares in the tech titan to below $110 billion.

Berkshire has still more than tripled the value of its Apple investment, as it spent about $35 billion to build the 5.7% stake.

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Warren Buffett

American investor, entrepreneur, and businessperson

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