NBC: UnitedHealth Stock Down 20% Since CEO Killing
NBC News reports:
The Dow fell 267 points Tuesday, closing 0.6% lower after nine straight days of declines — its longest losing streak since 1978. The downturn has coincided with a steep drop in the shares of UnitedHealthcare’s parent company since CEO Brian Thompson was shot and killed in New York City on Dec. 4. UnitedHealth Group’s stock has tumbled nearly 20% since then, while the index itself has slipped 3.4% over the period.
The stock prices of America’s largest health insurance providers — including Aetna owner CVS Health, Cigna and Humana — have also tumbled recently. As of Tuesday’s closing bell, the Dow had fallen 1,564 points since Dec. 4, with UnitedHealth Group accounting for 804 of those points. UnitedHealth Group is also the worst performer in the 30-stock
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