Shares of Paramount Global traded in the red after hours on Wednesday following the news that Warren Buffett’s Berkshire Hathaway pared its holdings in the company.
Berkshire Hathaway BRK.A BRK.B sold about a third of its stake in Paramount PARA and now holds about 63 million shares in the entertainment company. Paramount has 610.7 million shares outstanding and a public float of 576.53 million shares.
The…
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