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Berkshire Hathaway disclosed it had sold its stake in the healthcare conglomerate.
Berkshire Hathaway fully exited its UnitedHealth stake during the first quarter under CEO Greg Abel.
KEY POINTS
- Berkshire had only begun building its UnitedHealth stake in August of last year.
- UnitedHealth shares dropped 3% directly after disclosure of Berkshire Hathaway's sale.
- UnitedHealth's operational turnaround continues, with April guidance and Q1 results surpassing Wall Street expectations.
COMPANIES
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