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Jan. 6, 2022, 1:48 p.m. EST

UnitedHealth's stock selloff chopping about 120 points off the Dow's price

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By Tomi Kilgore

Shares of UnitedHealth Group Inc. /zigman2/quotes/210453738/composite UNH +0.26% dropped 3.7% in afternoon trading Thursday, enough to pace the Dow Jones Industrial Average's /zigman2/quotes/210598065/realtime DJIA -0.64% components in declines. The $18.22 price decline in the health insurance company's stock was shaving about 120 points off the price of the Dow, which was dropping 144 points, or 0.4%. In comparison, the S&P 500 /zigman2/quotes/210599714/realtime SPX -1.44% was up 0.1%. The selloff in UnitedHealth's stock comes after peer Humana Inc. /zigman2/quotes/203095337/composite HUM -1.28% slashed its estimate of 2022 Medicare Advantage membership growth, amid higher-than-expected terminations during the annual election period. Humana's stock plunged 19.7%.

/zigman2/quotes/210453738/composite
US : U.S.: NYSE
$ 493.38
+1.30 +0.26%
Volume: 879,568
May 24, 2022 12:27p
P/E Ratio
27.00
Dividend Yield
1.18%
Market Cap
$461.66 billion
Rev. per Employee
$850,143
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
31,675.77
-204.47 -0.64%
Volume: 168.36M
May 24, 2022 12:27p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,916.41
-57.34 -1.44%
Volume: 1.05B
May 24, 2022 12:27p
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/zigman2/quotes/203095337/composite
US : U.S.: NYSE
$ 435.73
-5.66 -1.28%
Volume: 237,594
May 24, 2022 12:27p
P/E Ratio
18.47
Dividend Yield
0.72%
Market Cap
$55.83 billion
Rev. per Employee
$901,889
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