UnitedHealth stock plummets
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U.S. equities were mixed at midday, with tech shares and a better-than-expected consumer inflation report lifting the S&P 500 and Nasdaq.
Shares of UnitedHealth Group tumbled nearly 18% on Tuesday, erasing more than $67 billion in market value, after the healthcare giant announced the sudden
UnitedHealth Group Incorporated stock drops after a rare earnings miss and CEO resignation. Click for the impact and potential buying opportunity in UNH at $335.
UnitedHealth CEO Andrew Witty has stepped down unexpectedly, with former chief Stephen Hemsley returning amid stock plunge and ongoing federal scrutiny.
UnitedHealth Group (UNH) stock slumped 10.4% in Tuesday's premarket after the United States' largest private health insurer said it would suspend guidance for 2025 due to increasing healthcare costs. The sell-off sent shares down to a more than four-year low near $340.
UnitedHealth Group (UNH) stock plunged amid CEO resignation and rising medical costs leading to sector-wide selloff in managed care stocks. Read more here.
While both the S&P 500 and Nasdaq Composite gained in early Tuesday trading, the Dow Jones Industrial Average was solidly in the negative — down by around 0.4%. The discrepancy in the indexes was due to one stock in particular: UnitedHealth Group.
Baron Funds, an investment management company, released its “Baron Health Care Fund” first quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund returned 2.54% (Institutional Shares) in the quarter compared to a 3.