UnitedHealth Group Inc
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Health Care : Health Care Providers & Services | Large Cap BlendCompany profile

UnitedHealth Group Incorporated is a health and well-being company. The Company operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight and OptumRx. It conducts its operations through two business platforms: health benefits operating under UnitedHealthcare and health services operating under Optum. UnitedHealthcare provides healthcare benefits to an array of customers and markets, and includes UnitedHealthcare Employer & Individual, UnitedHealthcare Medicare & Retirement, UnitedHealthcare Community & State, and UnitedHealthcare Global businesses. Optum is a health services business serving the healthcare marketplace, including payers, care providers, employers, governments, life sciences companies and consumers, through its OptumHealth, OptumInsight and OptumRx businesses. OptumInsight provides services, technology and healthcare solutions to participants in the healthcare industry. OptumRx provides retail network contracting, purchasing and clinical solutions.

Closing Price
$232.89
Day's Change
0.04 (0.02%)
Bid
--
Ask
--
B/A Size
--
Day's High
235.00
Day's Low
231.92
Volume
(Heavy Day)
Volume:
6,254,516

10-day average volume:
3,825,598
6,254,516

UnitedHealth's stock slump exacts nearly 30-point toll on Dow industrials -- but IBM's rally caps loss

10:02 am ET July 18, 2019 (MarketWatch)
Print

A decline in shares of UnitedHealth Group Inc. (UNH) Thursday morning was producing the most severe drag on the blue-chip Dow Jones Industrial Average in early action. Shares of UnitedHealth were down 1.8%, or about $4.75 lower at $261.90, translating to a roughly 30-point drag on the price-weighted Dow. The company's shares had hit a low of $257.26 near the open, representing a drag of about 50 points on the Dow. A $1 move in any one of its 30 components of the 123-year-old index equates to a 6.8-point swing. The Dow was down 18 points, or 0.1%, at 27,198. Capping the decline in the Dow was an advance in International Business Machines Corp., which was up 3.2%, delivering a roughly 30-point boost to the Dow. Meanwhile, the S&P 500 index was off 0.1% at 2,981, with a 0.2% decline for the Nasdaq Composite Index to reach 8,170. The losses for UnitedHealth come even as the health insurer reported better-than-expected quarterly results and lifted its full-year earnings outlook to $13.95 to $14.15 a share, from its previous forecast of $13.80 to $14.05. Late Wednesday, International Business Machines Corp.'s (IBM) quarterly results topped estimates (http://www.marketwatch.com/story/ibm-stock-rises-as-earnings-cloud-revenue-beat-street-view-2019-07-17).

-Mark Decambre; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

July 18, 2019 10:02 ET (14:02 GMT)

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