UnitedHealth Delivered a Beat—Here’s Why the Stock Plunged Anyway

UnitedHealth Delivered a Beat—Here’s Why the Stock Plunged Anyway · The Wall Street Journal

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UnitedHealth Group delivered a profit beat for the quarter, but not the kind that investors wanted to see. Medical costs, which have become something of an industry obsession in recent quarters, are still running too hot. The giant health insurer’s stock plunged 9% Tuesday morning as investors worried that rising utilization of care in both the Medicare and Medicaid insurance books could continue to be a problem next year as well, hurting the company’s earnings growth.