Shares of UnitedHealth Group Inc. (UNH) soared 10.4% in premarket trading Wednesday, as Joe Biden's strong showing on Super Tuesday ( ) assuaged fears over the potential negative impact from "Medicare for All" being proposed by Senator Bernie Sanders. The stock's implied price gain would add about 185 points to the Dow Jones Industrial Average's price, while Dow futures surged 643 points. Among others in the managed care business, shares of Anthem Inc. (ANTM) hiked up 9.6% ahead of the open, Humana Inc. (HUM) jumped 7.8%, Centene Corp. (CNC) ran up 8.3% and Cigna Corp. (C) surged 10.9%.
-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
March 04, 2020 08:52 ET (13:52 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.