UNH
📉 The stock experienced a significant drop, around 20%, following its quarterly earnings report.
✂️ UnitedHealth cut its earnings guidance significantly, reducing the forecast from approximately $29-$30 down to $26-$26.50 per share.
🤔 While the drop seems substantial compared to the guidance cut (a roughly 7% reduction), the exact reasons behind the market’s strong reaction remain unclear in the discussion, suggesting potential investor overreaction or underlying concerns.
@bernardodegarcia:
“UnitedHealth just reported quarterly results. Remember when we talked about, oh my God, United Healthcare? Well, I wish we had bought United Healthcare when, unfortunately, they assassinated that CEO because of this or that, because it would have been a ‘chispum de tun’ opportunity. United Healthcare is now trading down here at $470, as we’re seeing. A tremendous hit after its quarterly results. And you know what? I have no idea what happened. It’s not that I worry too much, sorry if you’re losing money with United Healthcare, it’s a big company, but I don’t know. There are too many pieces moving, and especially, there’s positive news from the government, then there’s this negative news from its quarterly results. We’ll see. It cuts guidance from $29 to $26-$26.50. That is, it cuts guidance from $30 to $26. Okay, that’s a 7% cut, and it falls 20%. Good heavens. I think this is a bit of an exaggeration, but who knows what they’re saying.”
Watch the exact part of the video where @bernardodegarcia talks about UnitedHealth Group here:
Watch the video on YouTube
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