Shares of UnitedHealth Group Inc. took an 8.8% dive toward an 18-month low, as the health insurer said it was facing higher costs from pent-up demand for...
Shares of UnitedHealth Group Inc. UNH took an 8.8% dive toward an 18-month low, as the health insurer said it was facing higher costs from pent-up demand for surgeries. That put the stock on track for the biggest one-day decline since it tumbled 11.1% on March 18, 2020. The insurer’s stock is the highest priced component of the Dow Jones Industrial Average DJIA, which is a price-weighted index, unlike the S&P 500 SPX, which is a market-capitalization weighted index.
Shares of UnitedHealth Group Inc. UNH took an 8.8% dive toward an 18-month low, as the health insurer said it was facing higher costs from pent-up demand for surgeries. That put the stock on track for the biggest one-day decline since it tumbled 11.1% on March 18, 2020. The insurer’s stock is the highest priced component of the Dow Jones Industrial Average DJIA , which is a price-weighted index, unlike the S&P 500 SPX , which is a market-capitalization weighted index.
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