After a steep 18% drop, UnitedHealth Group's shares saw a modest rebound as analysts maintain positive ratings despite the company withdrawing its guidance and the CEO's resignation. Will the stock recover?
In a shocking turn of events, Andrew Witty has resigned as CEO of UnitedHealth Group, triggering a 17% stock drop and raising concerns over the company's future amid rising medical costs and a recent antitrust lawsuit.
In a surprising move, UnitedHealth Group CEO Andrew Witty has stepped down, citing personal reasons. Board chairman Stephen Hemsley takes over as the company navigates significant industry challenges.
In a surprising turn of events, UnitedHealth Group announces a new CEO as Andrew Witty steps down. Stephen Hemsley returns to lead amid stock market challenges and ongoing scrutiny over corporate practices.