UnitedHealth shares jump the most since 2008 after Buffett's new stake is revealed
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The advance came after Buffett's conglomerate Berkshire Hathaway revealed a stake of 5 million shares, worth about $1.6 billion.
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August 15, 2025
04:41 PM
CNBC
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In this articleBRK.AUNH your favorite stocksCREATE FREE ACCOUNTUnitedHealth Group Inc. signage on the floor of the New York Stock Exchange on April 21, 2025.Michael Nagle | Bloomberg | Getty ImagesUnitedHealth Group s soared Friday after legendary investor Warren Buffett revealed a significant stake in the troubled insurer.The health-care stock popped more than 14%, having its best day since 2008
UnitedHealth, often viewed as an industry bellwether, added more than 200 points to the Dow Jones Industrial Average on Friday.The advance came after Buffett's conglomerate Berkshire Hathaway revealed a stake of 5 million s, worth $1.6 billion, in a filing with the Securities and Exchange Commission
The "Big Short" investor Michael Burry and Appaloosa Management's David Tepper also disclosed sizable stakes in the company, in separate SEC filings on Thursday.Stock Chart IconStock chart iconUnitedHealth Fridays of UnitedHealth were down nearly 50% for 2025 through Thursday's close before Buffett's filing
The largest private health insurer has become the face of public blowback in this country against the rising costs of health care
UnitedHealth is currently facing a Justice Department investigation into its Medicare billing practices.In May, the company pulled its annual earnings outlook and CEO Andrew Witty stepped down
Last month, UnitedHealth gave a new 2025 outlook that was well short of Wall Street estimates, hitting the stock further."The move by Berkshire represents a big vote of confidence in UNH and ly could vide a near-term trading floor for most of the MCO space and, given Berkshire's investment track record, could serve as a near-term bottom and rallying point for other investors that the space is safe to invest in again," George Hill, a health-care analyst at Deutsche Bank, said in a note to clients.Don’t miss these insights from CNBC Forget Palantir
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