Nucor, Warren Buffett and UnitedHealth
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Berkshire purchases often boost stocks. Shares of the steel maker traded as high as $151.32 on Friday, but closed at $145.48, up 0.8%. The S&P 500 fell 0.3%. The Dow Jones Industrial Average rose 0.1%.
In May, a 13F filing revealed that Berkshire Hathaway was buying mystery stocks. Now, at last, we know what they are.
Berkshire Hathaway’s portfolio added six new stocks, including the three new secret stocks. Warren Buffett was a net seller of stocks for the eleventh straight quarter.
The investment comes as UnitedHealth faces soaring medical costs, federal investigations, the fallout of the killing of a top executive and a cyberattack last year.