United healthcare stock price slipped to $510
United Healthcare stock price slipped to $510.45 amid healthcare sector softness. Technical analysts point to a double-bottom pattern forming, which could support a rally toward $518 if broader indexes stabilize. UNH: UnitedHealth Group Inc - Stock Price, Quote and News - CNBC On the negative side, rising medical costs are still a big problem and could hurt profit margins. The tool also points to Medicare margin pressure and weak results at Optum Health, which have added more strain to earnings. Notably, revenue at Optum Health declined 7% to $25.2 billion, driven by changes to legacy client contracts and reduced Medicare Advantage funding. United Healthcare stock price edged to $516.40 after reports of increased Medicare Advantage enrollments. Analysts see potential top-line growth exceeding 7% for FY
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