UNH Jumps on Berkshire; AMAT Falls; Intel Higher
On this episode of Stock Movers:- UnitedHealth Group (UNH) is surging along with homebuilders after Warren Buffett's Berkshire Hathaway Inc. bought shares of UnitedHealth Group Inc. in the second quarter, granting Berkshire a stake worth $1.6 billion. Berkshire also sold its stake in T-Mobile US Inc. and trimmed its holdings in Apple Inc. and Bank of America Corp. during the period. Lennar (LEN) is following UNH higher on the Berkshire bid.- Applied Materials (AMAT) is tumbling after it gave a disappointing sales and profit forecast, renewing concerns that the US trade dispute with China is…
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