In its first results since its insurance unit CEO was fatally shot in New York City, UnitedHealth Group reported Thursday weaker-than-expected fourth-quarter revenue, prompting its shares to fall in early morning trading despite quarterly profit beating projections.
UNH has a split post-earnings history over the last two years, finishing four next-day sessions higher and four lower. The stock also averaged a 4.6% swing, regardless of direction, after its last eight earnings reports. This time around, the options pits are pricing in a bigger 6.9% move.
UNH stock is finally returning to form after UnitedHealthcare CEO Brian Johnson was gunned down outside an investor meeting in Midtown Manhattan on December 4, leading to a weeklong manhunt that brought light to UnitedHealth’s record of denying health claims and general unpopularity with the public.
UnitedHealth is putting pressure on the 30-stock index Thursday after the insurance giant reported a rare revenue miss. This is what you need to know.
U.S. stock indexes drifted lower following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies
UnitedHealth Group ... health provider Amedisys Inc. The Federal Trade Commission is suing the company and two rivals over insulin costs. And a bipartisan group of lawmakers floated legislation ...
S&P 500 slides 0.6% as Palantir drops 4% and Moderna tumbles 23%. Rising Treasury yields and upcoming CPI data keep traders on edge.
UnitedHealth Group and Amedisys asked a federal judge Wednesday to either dismiss a government lawsuit over their planned merger or require the Justice Department to better define where the deal ...
US stock indexes are drifting following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies.
First-quarter earnings season kicks off with results from Citigroup, Goldman Sachs, JPMorgan Chase, Wells Fargo, Bank of America, Morgan Stanley, and UnitedHealth Group.
Wall Street stocks were little changed early Thursday following a mixed US retail sales report, as investors tried to extend a rally.
US stocks closed lower Thursday, as the major indexes struggled to build on the previous day's surge amid another round of big bank earnings and a slide in tech stocks. Investors also watched the Capitol Hill confirmation hearing of President-elect Donald Trump's pick for Treasury Secretary,