UNH, UnitedHealth Group
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Buffett, through Berkshire, bought more than 5 million shares of the managed care company, worth an estimated $1.6 billion. Meanwhile, Michael Burry, who became famous in the book and movie The Big Short for his bet against subprime mortgages, bought 20,000 shares. Billionaire David Tepper also increased his stake in the name during the quarter.
The lesson: Don't count out Berkshire Hathaway. Buffett's retirement announcement. The decision, at the very end of Berkshire's annual meeting, probably surprised a lot of fans who forgot he was 94.
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Barchart on MSNUnitedHealth Stock Soars as Warren Buffett’s Berkshire Hathaway Discloses $1.57B Stake
Beaten-down UNH is set to challenge its 50-day moving average after a major vote of confidence from the Oracle of Omaha.
Warren Buffett’s Berkshire Hathaway revealed a position in embattled healthcare giant UnitedHealth Group while showing smaller stakes in longtime holdings Apple and Bank of America, according to a regulatory filing Thursday.
Warren Buffett's Berkshire Hathaway has acquired 5 million shares in UnitedHealth Group , a regulatory filing showed on Thursday, sending the health insurer's stock up 7% in extended trading.
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Cryptopolitan on MSNBerkshire’s surprise UnitedHealth stake sends UNH up 7% as S&P 500 logs third straight gain
Berkshire Hathaway just disclosed that it dumped $1.6 billion into a sinking ship, and Wall Street instantly paid attention.
Berkshire Hathaway’s portfolio added six new stocks, including the three new secret stocks. Warren Buffett was a net seller of stocks for the eleventh straight quarter.
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