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UnitedHealth Group Incorporated

Company NameUnitedHealth Group Incorporated
Stock SymbolUNH

On February 26, 2024, The Wall Street Journal reported that the U.S. Department of Justice had launched an investigation into UnitedHealth, examining relationships between the Company’s UnitedHealthcare insurance unit and its Optum health-services arm, which owns physician groups, among other assets.

On this news, UnitedHealth’s stock price fell $27.04, or 5.1%, over two consecutive trading days, to close at $498.28 per share on February 28, 2024, thereby injuring investors. 

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