Why UnitedHealth Stock Is Down Today
The U.S. Department of Justice has reportedly launched an investigation into UnitedHealth Group's (NYSE: UNH) Medicare billing practices.
Investors were shaken by the report, sending UnitedHealth shares down 9% as of 10 a.m. Eastern.
UnitedHealth is the parent of the nation's largest health insurer as well as a range of other health-industry businesses including doctors' practices and a pharmacy-benefit manager. The Wall Street Journal, citing unnamed sources, reported Friday that Justice is probing the company's billings.
Source Fool.com
UnitedHealth Group Inc. Stock
€266.60
0.530%
The stock is one of the favorites of our community with 78 Buy predictions and 3 Sell predictions.
As a result the target price of 331 € shows a positive potential of 24.16% compared to the current price of 266.6 € for UnitedHealth Group Inc..
