finance
UnitedHealth Shares Rise More Than 8 Percent After Stronger-Than-Expected Second-Quarter Results
UnitedHealth Group reported second-quarter earnings that exceeded analyst expectations. The company's shares increased more than 8 percent in early trading and stand more than 75 percent above their March 27 low.
Jul 16, 7:41 AM·1m read2 sources
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UnitedHealth Group posted second-quarter earnings above analyst forecasts, prompting an immediate market reaction. The company's shares rose more than 8 percent in the session following the release. The gain lifted the stock more than 75 percent from its March 27 closing level.
Trading volume increased as investors responded to the results. The move marked the latest step in a recovery that began after the March low. Market data showed the advance occurred within minutes of the earnings publication.
No company statement accompanied the initial price movement.
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