UnitedHealth Stock Drops After Earnings Miss, Guidance Cut
From Yahoo Finance: 2025-04-17 17:08:00
The S&P 500 rose 0.1% amid earnings focus and Fed chair comments on tariffs. Eli Lilly shares surged after successful weight-loss drug trial, while UnitedHealth Group missed estimates and cut guidance. Markets closed mixed on Good Friday, with Dow down 1.3% due to UnitedHealth’s decline, Nasdaq fell 0.1%.
Dollar Tree stock rose 8.1% as analysts suggest strength in challenging economy. Crude oil prices increased due to U.S. sanctions on Iran, benefiting oil stocks like Diamondback Energy and Halliburton. UnitedHealth’s shares plummeted 22.4% after disappointing Q1 sales and profit, also impacting Humana.
Snap-On shares dropped 8.0% after missing sales and profit estimates due to economic uncertainty. Global Payments agreed to acquire Worldpay, causing its shares to fall 17.4%, while Fidelity National Information Services shares rose 8.7%.
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