UnitedHealth falls after Berkshire sells stake in health insurer
UnitedHealth (UNH.N) shares dropped 3% after Berkshire Hathaway (BRKa.N) revealed it had sold its stake in the healthcare conglomerate during the first quarter. This sale, part of a portfolio reshuffling under CEO Greg Abel, comes after Berkshire had invested in UnitedHealth last year, causing an initial stock increase. Despite the market reaction, analysts believe UnitedHealth's ongoing operational turnaround remains promising, especially following its recent raised profit forecast and strong quarterly earnings.
https://www.reuters.com/legal/transactional/unitedhealth-falls-after-berkshire-sells-stake-health-insurer-2026-05-18/