Why UnitedHealth Group Stock Was Falling Today
Shares of UnitedHealth Group (NYSE: UNH) were pulling back again today on reports that the Senate is working on a bill that would force health insurers like UnitedHealth to divest their pharmacy benefit managers (PBMs) within three years.
As a result, the stock was trading down 5% at 11:44 a.m. ET. Other health insurance stocks, including Cigna and CVS Health, were down on the news as well.
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Source Fool.com