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Benzinga

Business

Surbhi Jain

Tepper's 1,300% Leap Into UnitedHealth Stock Chaos Looked Crazy—Until It Didn't

UnitedHealth UNH Appaloosa Appaloosa Management NYSE UnitedHealth Group Inc Insurance

UnitedHealth Group

David Tepper's bold second-quarter buying spree in UnitedHealth Group Inc. (NYSE:UNH) is already paying off. The billionaire hedge fund manager's Appaloosa Management increased its stake in the health insurance giant by a staggering 1,300% last quarter, turning a once-minor position into his fund's second-largest holding.

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Bar where Jane Doe says she drank before going to Cornell fraternity says it didn’t serve her

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‘Moonies employees strictly followed the rules and did not serve alcohol to any underaged guests,’ the bar said in a statement

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Trump administration to assign government lawyers to migrant kids’ cases, worrying advocates

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