Buffett Bucked This Stock, But We're Not Backing Out
Yahoo! Finance
Verizon shares are trading off Thursday following the news that Warren Buffett's Berkshire Hathaway shed its position in the communications company, as its trimmed some other underperforming stocks. If you're a longer-term investor in the shares of Verizon, like Buffett has been, the shares have fallen more than 22% since peaking near $57 in late 2020. Odds are Buffett is asking himself whether VZ shares can retrace that move, and if so how long will it take.
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