UnitedHealth Loses $120 Billion in Value on Stock’s Worst Day Since 1998

UnitedHealth Loses $120 Billion in Value on Stock’s Worst Day Since 1998
UnitedHealth Loses $120 Billion in Value on Stock's Worst Day Since 1998

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UNITEDHELHELTH (United NationsThe shares of one of its worst days ever had an unexpected health care giant, whose profit expectations for this year.

UNITEDHEALTH fell by more than 22 % on Thursday, which is the largest daily decrease since 1998. On Thursday, it represented the fourth company in Wall Street since it was launched in 1984.

United Heilth drop Trepeted through the stock market. Humana health insurance companies (health insurance companies (Hmmm) And the health of the height (principle(7.4 % and 2.4 % decreased, respectively. And UNITEDHEELTH, The most batch stocks In the average medium Dow Jones Industrial, criticizing an estimated 789 points of the blue chip index, which decreased by 1.3 %; If united High Stock does not move today, DOW has increased 262 points, or 0.7 %.

UNITEDHELHELTH stagnation wiped about $ 120 billion from Market valueWhich puts them among the most arrows in all ages. It is a kind of decline in the wealth that is rarely seen outside the technology sector, where corporate evaluations are inaugurated through growth expectations that can be able to balloon, and at moments of crises. Meta (DeadFor example, it became the first company to lose more than $ 100 billion in one day in 2018 after the company – called Facebook – reported the disappointing quarterly revenue.

in Defense sectors Such as health care and consumers, companies usually lose this type of market value over long periods of slow decline. Walgrens Boots Alliance (Walgreens Alliance (Pharmacy All Alliance)WBAEstée Lauder cosmetic customers (heFor example, each of them lost about $ 100 billion in value over the ten and second years, respectively, because they struggled as sales declined.

UNITEDHELHELTH, which is valued at $ 535 billion, was the largest company in the fourteenth in S&P 500, which is heading to a session on Thursday, which gives it a lot of market value. Outside the technology sector, only Berkshire Hathaway (BRK.B), Elie Lily (To), Wall Mart (WMT), Jpmorgan Chase (Jpm) And visa (FifthIt was worth more before Thursday. However, united highhealth companies often work on stable companies that require huge shock, such as Covid-19, to suffer from the type of sale selected on Thursday.

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