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UnitedHealth shares tank on steep forecast cut as medical care costs soar - TL;DR CNBC

UnitedHealth shares tank on steep forecast cut as medical care costs soar

Publishing timestamp: 2025-04-17 10:09:55


Summary

UnitedHealth Group cuts profit forecast due to higher medical costs, triggering selloff in shares and impacting industry peers. Analysts surprised by the bleak forecast, leading to a significant drop in valuation for the sector. CEO acknowledges challenges and vows to address them.


Sentiment: NEGATIVE

Tickers: CIHUMUNHCNCELVCVS

Keywords: cvs health corpcigna groupcentene corpearningshealth insurancehumana incbreaking news: politicsunitedhealth group inchealth care industrybreaking news: businesselevance health incpoliticsbusiness news

Source: https://www.cnbc.com/2025/04/17/unitedhealth-lowers-annual-profit-forecast-on-higher-costs.html


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