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AllianceBernstein Cuts Stake In Sharp To 1.75%

AllianceBernstein Holding LP (NYSE: AB) has lowered its stake in Sharp (OTC: SHCAY) to 1.75% versus 5.06%, according to a regulatory filing.

AllianceBernstein shares fell 2.32% to close at $14.32 on Friday, while Sharp shares dipped 9.61% to close at $2.54 on Friday.

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