Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Shares of UnitedHealth Group (NYSE:UNH) soared on Friday with news that several prominent investors had purchased shares of the health insurance company. A well-known member of Congress is also buying up shares and adding to her position. Rep. Marjorie…
Aug 15 – UnitedHealth Group (NYSE:UNH) shares soared 10% Friday morning after Warren Buffett (Trades, Portfolio)’s Berkshire Hathaway revealed a stake of 5 million shares, valued at roughly $1.6 billion. The move sent the stock up 12% in morning trading, marking its best day in five years and adding about 209 points to the Dow…
UnitedHealth Group Inc. (NYSE:UNH) shares climbed Friday after high-profile investors Michael Burry and Warren Buffett took positions in the insurance giant, offering some relief to a stock that has tumbled about 41% year-to-date. Warren Buffett’s fund bought little more than 5 million shares, and Burry disclosed in 13F filings that he purchased call contracts against 350,000…
(Bloomberg) — Two of the world’s most prominent investors are signaling the days of across-the-board gains in Chinese stocks may be ending. Most Read from Bloomberg David Tepper, the billionaire money manager who made waves with his call to buy “everything” related to Chinese stocks in September, trimmed his exposure to Alibaba Group Holding Ltd….
(Bloomberg) — Turns out that Billionaire investor David Tepper, who said recently he would buy “everything” China-related amid Beijing’s stimulus blitz, trimmed exposure in e-commerce giant Alibaba Group Holding Ltd. in the third quarter. Most Read from Bloomberg Tepper’s Appaloosa Management cut its Alibaba stake by 5% in the three months through September, according to…