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Cathie Wood-led Ark Investment Management on Wednesday shed 123,982 shares, estimated to be worth about $7.3 million, in the Chinese automaker BYD Co (OTC: BYDDY), its third straight sale in the company this week. OTC shares of BYD, backed by Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) Chairman Warren Buffett, closed 3.6% higher at $59.07 on Wednesday.
...read full article on Benzinga
