Elevance Health shares rise 5.10% intraday after Berkshire Hathaway's investment in UnitedHealth boosts health insurers.

Elevance Health, Inc. rose 5.10% intraday, with the stock climbing as Berkshire Hathaway added UnitedHealth Group to its portfolio, which led to a rise in shares of health insurers. UnitedHealth led the climb, rising 14%, while Elevance Health climbed 3.8%. The across-the-board rise came after Berkshire disclosed its roughly $1.6 billion stake in UnitedHealth in a regulatory filing.