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UNH / UnitedHealth, Elevance Health stocks drop toward four-day losing streaks in wake of earnings reports

UnitedHealth, Elevance Health stocks drop toward four-day losing streaks in wake of earnings reports
Shares of UnitedHealth Group Inc. UNH, -4.13% sank 4.1% in afternoon trading Wednesday, which puts them on track to suffer the worst four-day performance — down 8.1% — in 15 months, after the health insurer's first-quarter earnings report raised concerns over the “unintended consequences” of changes to Medicare Advantage rates. Meanwhile, shares of Elevance Health Inc. ELV, -5.99% dropped 5.7%, and have slumped 8.2% amid a four-day losing streak, after the health care services company reported first-quarter earnings that beat expectations, but Mizuho analyst Ann Hynes said she believes the stock is under pressure as days claims payable (DCP) declined from the sequential fourth quarter and from a year ago. Read More
Posted: Apr 19 2023, 14:52
Author Name: Market Watch
Views: 101888

UNH News  

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UnitedHealth Group Incorporated (UNH) is Attracting Investor Attention: Here is What You Should Know

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By Forbes
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By The Motley Fool
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Why UnitedHealth Group Stock Jumped Today

By The Motley Fool
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Why UnitedHealth Group Stock Jumped Today

UnitedHealth handily exceeded estimates for both revenue and earnings in its third quarter of 2023. The company saw double-digit percent growth from b more_horizontal

UnitedHealth Beats Profit, Sales Estimates; Shares Rise

By Investopedia
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UnitedHealth Beats Profit, Sales Estimates; Shares Rise

Shares of UnitedHealth Group (UNH) gained ground on Friday after the insurance and health services provider posted better-than-expected results and bo more_horizontal


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