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A steep slide in UnitedHealth Group shares was dragging on the Dow Jones Industrial Average on Thursday, putting the blue-chip index on track for historical underperformance versus the S&P 500.
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UnitedHealth's 52-week high is over $630 a share — meaning its drawdown has had an impact of roughly 4 percentage points on the Dow, or roughly 3 percentage points YTD. That's the difference between ...
UnitedHealth continues to face headwinds due to regulatory scrutiny, Medicare costs, and management changes. Read more on ...
The Dow was down 160 points, or 0.4%, but UnitedHealth stock was shaving 382 points off the index on its own with a nearly 17% drop.
The Dow was a major laggard on Thursday due to the sharp decline in UnitedHealth shares. Here's why.
UnitedHealth's terrible year got a lot worse this week UnitedHealth is one of the largest companies in the world, and controls vast swaths of how Americans get and pay for health care.
UnitedHealth also cited the “greater-than-expected impact” of ongoing Medicare funding reductions enacted during the Biden administration.
A double-digit selloff in UnitedHealth Group Inc. is dragging down the blue-chip Dow Jones Industrial Average, pushing it toward a day of historical underperformance.