UnitedHealth stock slides 3% amid earnings cut and new CFO appointment

UnitedHealth Group (UNH) shares fell 3% today. The stock has dropped 26% in the past month, wiping out much market value and raising concern.

Baird downgraded UNH to underperform and cut its profit forecast. The company now expects adjusted earnings per share of $16, down from earlier estimates.
https://seekingalpha.com/article/4806921-unitedhealth-the-disappointment-continues

UnitedHealth named Wayne S. DeVeydt as new CFO, replacing John F. Rex. The leadership change comes amid ongoing operational challenges.
https://seekingalpha.com/news/4476128-unitedhealth-appoints-wayne-s-deveydt-as-new-cfo-rex-steps-down

Investors remain cautious as the stock falls and the company faces pressure on profits and management changes.


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