UnitedHealth, Warren Buffett and UNH stock
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Berkshire Hathaway recently filed its second-quarter 13F form, revealing its stock holdings at the end of June.
The investment comes as UnitedHealth faces soaring medical costs, federal investigations, the fallout of the killing of a top executive and a cyberattack last year.
Buffett owned UnitedHealth shares before selling his stake in 2010, though his Berkshire Hathaway recently acquired shares.
The Oracle of Omaha just took a $1.6 billion stake in the battered healthcare giant, sending shares soaring 9% after hours.
Berkshire Hathaway's $1.6 billion stake in UnitedHealth Group is helping to lift the Dow Jones Industrial Average to a new record as investors pile into healthcare sector funds.
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.
2don MSN
Watch These UnitedHealth Price Levels as Stock Jumps After Buffett's Berkshire Reveals Stake
UnitedHealth shares surged Friday after Warren Buffett’s Berkshire Hathaway revealed a stake in the embattled healthcare giant. Monitor these major chart levels.
1don MSN
UnitedHealth Stock Is Having Its Best Day in Years. It Still Needs More to Cure Its Problems.
UNH stock soared after Warren Buffett’s Berkshire Hathaway revealed it bought shares of the healthcare company. Nonetheless, UnitedHealth faces a long list of unresolved issues.