UnitedHealth, stocks
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Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
UnitedHealth shares jumped 12 per cent on Friday after Warren Buffett’s Berkshire Hathaway snapped up a stake in the troubled US healthcare group.
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.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
UnitedHealth’s CEO, Stephen Hemsley, along with four other insiders, purchased shares of the struggling healthcare insurance giant, boosting its stock. On Friday, Hemsley bought $25 million worth of UnitedHealth stock, acquiring 86,700 shares at an average price of $288.57 per share, according to the SEC Form 4 filing. Before this transaction, Hemsley held roughly 1.2 million shares of UNH.
In a remarkable display of resilience and growth, UnitedHealth Group Inc (NYSE: UNH). stock soared to an all-time high, reaching a price level of $593.77. This milestone underscores the healthcare giant's strong performance in a challenging economic environment. Over the past year, UnitedHealth has witnessed a substantial increase in its market valuation, with a 1-year change showing an ...
Michael Burry and Warren Buffett invested in UnitedHealth, signaling confidence in its sector and potential for earnings recovery by 2027.