: UnitedHealth's stock selloff chopping about 120 points off the Dow's price #FinanceUSA #StockMarketNEWS Shares of UnitedHealth Group Inc. dropped 3.7% in afternoon trading Thursday, enough to pace
@stockMarketNEWS Sun 09 Jan, 2022
UnitedHealth's stock selloff chopping about 120 points off the Dow's price #FinanceUSA #StockMarketNEWS
Shares of UnitedHealth Group Inc. dropped 3.7% in afternoon trading Thursday, enough to pace the Dow Jones Industrial Average's components in declines. The .22 price decline in the health insurance company's stock was shaving about 120 points off the price of the Dow, which was dropping 144 points, or 0.4%. In comparison, the S&P 500 was up 0.1%. The selloff in UnitedHealth's stock comes after peer Humana Inc. slashed its estimate of 2022 Medicare Advantage membership growth, amid higher-than-expected terminations during the annual election period. Humana's stock plunged 19.7%.
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