UnitedHealth Group Shares Climb
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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.
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Warren Buffett places new bets on UnitedHealth and a major homebuilder, sending their stocks soaring
Warren Buffett’s Berkshire Hathaway Inc. took new positions in UnitedHealthcare Group Inc. and homebuilder D. R. Horton Inc., and went deeper into other homebuilding and home-related companies, according to a filing late Thursday.
Warren Buffett's Berkshire Hathaway built a $1.6 billion stake in UnitedHealth last quarter, marking one of its last wagers with the investor as CEO.
Buffett owned UnitedHealth shares before selling his stake in 2010, though his Berkshire Hathaway recently acquired shares.