UnitedHealth, UNH
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UnitedHealth (UNH) Stock Is Up, What You Need To Know
Shares of health insurance company UnitedHealth (NYSE:UNH) jumped 3.3% in the afternoon session after its board of directors authorized the payment of a quarterly cash dividend, signaling a commitment to shareholder returns.
UnitedHealth shares jump after Buffett and Burry invest, despite earnings miss and DOJ settlement in $3.3 billion Amedisys deal.
Year to date, the stock has fallen by nearly 45%, which is by no means normal for the healthcare stock. In fact, this is the worst it has performed since the Great Recession, when it tumbled by more than 54% in 2008.
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TipRanks on MSNDoes Wall Street See Solid Upside in UnitedHealth Stock (UNH) after Buffett and Hedge Funds Bet Big?
UnitedHealth Group ($UNH) stock rallied about 12% on Friday, as Warren Buffett’s Berkshire Hathaway (BRK.A) (BRK.B) and other hedge funds,