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UnitedHealth shares jump after Buffett’s Berkshire takes stake
UnitedHealth shares jumped 10 per cent in pre-market trading on Friday after Warren Buffett’s Berkshire Hathaway snapped up a stake in the troubled US healthcare group. The new investment, worth $1.6bn at the end of June, was disclosed in a filing late on Thursday detailing changes to Berkshire’s $268bn stock portfolio during the second quarter.
The Oracle of Omaha just took a $1.6 billion stake in the battered healthcare giant, sending shares soaring 9% after hours.
Last year, just before Buffett revealed he’d added Ulta Beauty Inc (NASDAQ:ULTA) to his portfolio — sending the stock soaring ...
Dow futures are getting a Warren Buffett boost this morning, while S&P 500 and Nasdaq-100 futures are more quiet ...
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