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UnitedHealth aims to reassure investors as profits plunge, DOJ investigates its Medicare business

212d ago
Business
CNBC
Business strategy
UnitedHealth Group faces investor uncertainty after reporting a significant profit decline and becoming the subject of a Department of Justice investigation into its Medicare business. The company's upcoming earnings release is crucial, as investors seek reassurance and a clear strategy for recovery. This follows a recent abrupt CEO change and a substantial drop of over 40% in UnitedHealth's stock value, further amplifying investor concerns.
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