Berkshire Hathaway Buys 5 Million Shares of UnitedHealth

Reported 1 day ago

Warren Buffett's Berkshire Hathaway has acquired 5 million shares of UnitedHealth Group, boosting the health insurer's stock by 7% in after-hours trading. This investment comes as UnitedHealth faces significant challenges, including rising medical costs, federal investigations, and a recent cyberattack, alongside a troubling profit forecast that signals ongoing difficulties.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis