Warren Buffett’s $1.6 Billion Bet on Troubled Insurer UnitedHealth
Warren Buffett’s Berkshire Hathaway has made a significant investment in troubled insurer UnitedHealth, buying over 5 million shares worth approximately $1.6 billion. The stake makes UnitedHealth the 18th largest position in Berkshire’s portfolio, behind Amazon and Constellation Brands. The insurer’s stock surged 6% in extended trading following the news. Shares were down nearly 50% for … Read more