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Berkshire invests in UnitedHealth, trims Apple stake
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Warren Buffett‘s Berkshire Hathaway disclosed on Thursday a new investment in UnitedHealth Group after the insurer became a target for many Americans upset over the direction of the nation’s healthcare.
Berkshire said it owned 5.04 million UnitedHealth shares worth about $1.57 billion as of June 30.
The disclosure came in a U.S. Securities and Exchange Commission filing detailing Berkshire’s U.S.-listed common stock holdings as of June 30.
UnitedHealth shares soared 8.5% in after-hours trading.
Buffett’s conglomerate also said it sold 20 million shares…
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