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Berkshire slashes Goldman stake

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Warren Buffett's Berkshire Hathaway on Friday disclosed a large reduction in its Goldman Sachs Group Inc. stock holdings.

As of March 31, Berkshire held 1.9 million shares in Goldman. That's down from 12 million at the end of 2019.

The banking company's stock price fell by about 33% during the first quarter.

Read more from Reuters.

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