UnitedHealth Group Inc. Stock Performance
UnitedHealth Group Inc.’s stock price has declined from approximately $600 in April to around $275 in May, before recovering slightly to $325.
Q1 Results and Market Impact
The company’s release of disappointing Q1 results was the primary driver of the stock’s downturn. Key highlights from the Q1 results include:
- Revenue: $58.1 billion (compared to $57.1 billion in Q1 2022)
- Net earnings: $3.55 billion (compared to $3.04 billion in Q1 2022)
- Operating margin: 5.1% (compared to 4.8% in Q1 2022)
Q2 Challenges
Several factors have contributed to the stock’s decline in Q2, including:
- Continued market volatility
- Concerns over the Trump administration’s new tariffs
- Overall market uncertainty
Market Trends
The Dow Jones Industrial Average has also been affected by concerns over the Trump administration’s new tariffs, leading to a decline in the index. Key statistics include:
- Dow Jones Industrial Average: 24,700 (as of May 2023)
- Year-over-year change: -5.1%
- 52-week high: 29,568
- 52-week low: 23,850