UnitedHealth shares jump
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UnitedHealth Group ( UNH 12.04%) has been a solid dividend growth stock for years. Generally, its yield has been fairly low, due to the stock's rising value. Even as the healthcare insurance giant has grown its dividend, its yield hasn't been particularly high or noteworthy.
Year to date, the stock has fallen by nearly 45%, which is by no means normal for the healthcare stock. In fact, this is the worst it has performed since the Great Recession, when it tumbled by more than 54% in 2008.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
Intel rallies as U.S. discusses taking stake in chip maker
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Axios on MSNUnitedHealth is unpopular, but its stock suddenly isn't
UnitedHealth Group's public reputation is still reeling, yet its battered stock has been something that more and more investors can't seem to resist. Why it matters: Recent interest in its stock, from everyday investors to Wall Street's titans,
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
US stocks were mixed on Friday as Wall Street tempered its rate-cut hopes amid economic data this week showing higher-than-expected wholesale inflation and a rise in July retail sales. Traders were also awaiting Friday's meeting between President Trump and Vladimir Putin,