...one of the chief reasons why the Dow and Healthcare sector underperforms!
...United Health is under Fraud Watch!
...if you recall, UNH's CEO was assassinated in NY, and more recently its CEO has also resigned.
...now we know why.
BREAKING: UnitedHealth stock, $UNH, falls over -6% as the Department of Justice announces an investigation into potential Medicare fraud. The stock is now down over -50% in one month, erasing -$350 billion of market cap. This collapse is unprecedented. https://x.com/KobeissiLetter/status/1922793272591757478
...you buy and hold established large cap stocks believing they're eternal hold, but after the Boeing scandal and this, you should have real cause for worry about having blind faith in management of these blue chip behemoths.
