UnitedHealth stock plummets
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UnitedHealth (NYSE:UNH) stock looks attractive - making it a good pick to buy at its current price of around $320.
The Dow Jones Industrial Average looked set to open in the red Tuesday after one of its 30 components named a new CEO and suspended its guidance. The blue-chip index was on track to open down 140 points.
The AI server maker's stock gained almost 9% in premarket trading, following a big jump Tuesday as part of a broader tech rally. Raymond James analysts also gave Super Micro an "outperform" rating. ↗️
UnitedHealth Group (UNH) stock plunged amid CEO resignation and rising medical costs leading to sector-wide selloff in managed care stocks. Read more here.
UnitedHealth's stock was down a whopping $66.68, or 17.6%, in recent trading after the insurer suspended its 2025 guidance and its CEO stepped down. That price decline wiped a
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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.
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.
The euphoria over the US-China trade truce began to fade as investors digested the latest reading on consumer prices.