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Hide loop read more buttons for out of stock items - WooCommerce

/**
 * Hide loop read more buttons for out of stock items
 */
if (!function_exists('woocommerce_template_loop_add_to_cart')) {
    function woocommerce_template_loop_add_to_cart() {
        global $product;
        if ( ! $product->is_in_stock() || ! $product->is_purchasable() ) return;
        wc_get_template('loop/add-to-cart.php');
    }
}