UnitedHealth, Warren Buffett
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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.
2don MSN
Watch These UnitedHealth Price Levels as Stock Jumps After Buffett's Berkshire Reveals Stake
Key Takeaways UnitedHealth Group shares surged Friday after Warren Buffett’s Berkshire Hathaway revealed a stake in the embattled healthcare giant.After bottoming at the start of August, the stock has continued to gain momentum,
Year to date, the stock has fallen by nearly 45%, which is by no means normal for the healthcare stock. In fact, this is the worst it has performed since the Great Recession, when it tumbled by more than 54% in 2008.
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2d
StockStory.org on MSNWhy Is UnitedHealth (UNH) Stock Soaring Today
Shares of health insurance company UnitedHealth (NYSE:UNH) jumped 11.6% in the morning session after the company disclosed that Warren Buffett's Berkshire Hathaway had acquired a significant new stake,
UnitedHealth Group Inc. (NYSE:UNH) shares edged up on Monday, even as the stock remains down roughly 49% year to date. Trading volume stood at 6.39 million shares, well below the 100-day average of 20.
Warren Buffett's modus operandi is to wait for price dislocations to present themselves. In a historically pricey stock market, locating value has been virtually impossible. Yet, with UnitedHealth Group stock losing more than half its value since the midpoint of April, a rare price dislocation has emerged.