UnitedHealth Stock Rises as Berkshire Hathaway Increases Stake Amid Mixed Market

Reported about 17 hours ago

UnitedHealth Group's stock saw a significant increase after it was revealed that Berkshire Hathaway, led by Warren Buffett, has built a large stake in the health insurer. Despite the overall S&P 500 dropping by 0.3% due to concerns about inflation and the job market, UnitedHealth's shares surged by 12%, making it the top performer in the index. Other companies, including Sunrun and Moderna, also saw gains, while Applied Materials faced a decline due to a disappointing outlook.

Source: YAHOO

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