UnitedHealth stock plummets
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Nvidia and AMD extend gains after the chip makers sign deals with Saudi Arabia, UnitedHealth claws back some losses from the previous session, and American Eagle Outfitters slumps after pulling guidance for the rest of the fiscal year.
The AI server maker's stock gained almost 9% in premarket trading, following a big jump Tuesday as part of a broader tech rally. Raymond James analysts also gave Super Micro an "outperform" rating. ↗️
U.S. equities were mixed at midday, with tech shares and a better-than-expected consumer inflation report lifting the S&P 500 and Nasdaq.
The S&P 500 benchmark stock index hit another milestone in its remarkable march higher from the brink of a bear market in recent weeks: It has now erased all its losses for this year.
UnitedHealth's stock was down a whopping $66.68, or 17.6%, in recent trading after the insurer suspended its 2025 guidance and its CEO stepped down. That price decline wiped a
UnitedHealth Group (UNH) stock plunged amid CEO resignation and rising medical costs leading to sector-wide selloff in managed care stocks. Read more here.
UnitedHealth Group (UNH) stock slumped 10.4% in Tuesday's premarket after the United States' largest private health insurer said it would suspend guidance for 2025 due to increasing healthcare costs. The sell-off sent shares down to a more than four-year low near $340.
UnitedHealth names a new CEO and suspends its 2025 outlook, Nvidia’s market caps crosses $3 trillion, and Coinbase shares jump after it was announced the cryptocurrency trading platform will be added to the S&P 500.