Why UnitedHealth Stock Is Sinking Again Today
Shares of UnitedHealth Group (NYSE: UNH) are falling today, down 4.5% as of 2:41 p.m. ET. The drop comes as the S 500 (SNPINDEX: ^GSPC) gained 0.3% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.8%.
The troubled health insurance giant is seeing its stock slide after a fellow insurer announced it was pulling its full-year guidance.
, a rival insurer, announced late Tuesday that it is pulling its previously set earnings and revenue guidance for 2025. The company said that new data from its Affordable Care Act plans was so poor that it would need to readjust.
Source Fool.com