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Microsoft Hit by $3.2 Billion Sell-Off From Bill Gates Foundation
Microsoft (MSFT) stock slipped 0.42% to $422.07 on May 15. The slide followed news that the Bill & Melinda Gates Foundation Trust had sold its entire $3.2 billion MSFT stake. The headline number masks a planned event. The Trust has held the position for nearly three years. The cash funds grantmaking and prepares the endowment...
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