Why UnitedHealth Stock Imploded Last Month
Shares of UnitedHealth Group (NYSE: UNH) fell in May, finishing the month down 26.6%. The collapse came as the S 500 (SNPINDEX: ^GSPC) gained 5.5% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 7.9%.
The troubled health insurance giant faced a series of damning reports and allegations of fraud and misconduct following the sudden departure of its CEO.
In May, UnitedHealth's then-CEO, Andrew Witty, announced he was stepping down, citing "personal reasons." The sudden loss of its CEO sent shockwaves through the company and signaled to investors the depth and scale of UnitedHealth's ongoing issues.
Source Fool.com
UnitedHealth Group Inc. Aktie
301,90 €
0,08 %
Die Community zeigt großes Interesse an UnitedHealth Group Inc. mit vielen Buy- und wenigen Sell-Einschätzungen.
Die Community sieht für UnitedHealth Group Inc. ein leicht positives Kursziel von 347 € im Vergleich zum aktuellen Kurs von 301.9 €.
