Record-Breaking Surge in Healthcare Stocks
UnitedHealth Group shares soared on Friday, recording their largest single-day gain in five years after legendary investor Warren Buffett disclosed a significant investment in the health insurance giant.
The stock spiked 12%, boosting the Dow Jones Industrial Average by roughly 209 points at the market’s open. UnitedHealth, a bellwether for the healthcare industry, sent positive momentum across the broader market.
💼 Buffett Leads a Wave of Big-Name Investors
The rally followed a Securities and Exchange Commission (SEC) filing revealing that Berkshire Hathaway, Buffett’s investment powerhouse, had purchased 5 million shares—valued at around $1.6 billion.
📈 More Wall Street Heavyweights Join In
Investor excitement grew further after separate SEC filings showed that Michael Burry, famed for “The Big Short,” and hedge fund billionaire David Tepper of Appaloosa Management had also taken significant positions in UnitedHealth. These combined investments have boosted confidence in the company, despite recent industry challenges.
