CappThesis founder & president Frank Cappelleri explains why a potential rebound in shares of UnitedHealth can be tied to the fortunes of Boeing's stock.
The stock price of the health insurer has tumbled 21% since a top executive was murdered on Dec. 4.
Manhattan's district attorney hosts a news conference to give the latest update on the UnitedHealthcare CEO shooting.
Sarat Sethi, DCLA managing partner, joins 'Power Lunch' to discuss stock plays for three stocks.
Shares in major healthcare companies fell yesterday after president-elect Donald Trump made comments that he wanted to “knock out” prescription drug industry middlemen. The fall makes this yet another week since the killing of UnitedHealth CEO Brian Thompson that the business practices of companies that operate America's private healthcare system have come under increased scrutiny.
Health insurance companies have been in the limelight lately after the shooting of Brian Thompson, the CEO of the medical insurance arm of UNH. Furthermore, a news report suggesting that a bipartisan group of lawmakers may introduce legislation to force health insurance companies to divest their pharmacy business has raised concerns among investors.
The healthcare system needs to work better to defuse Americans' frustrations and address their medical needs, UnitedHealth Group CEO Andrew Witty said Friday, addressing the resentment with health insurance that surfaced after the murder of a top executive in his company.
UnitedHealth Group CEO Andrew Witty wrote in an op-ed that the company wants to continue to push for health care industry reforms following the killing of Brian Thompson.
Andrew Witty reacted on Friday to the deluge of social media posts celebrating the Dec. 4 killing of Thompson in Midtown Manhattan.
CNBC's Bertha Coombs reports on an op-ed written by UnitedHealth Group CEO.
UnitedHealth Group CEO Andrew Witty mourned the death of Brian Thompson, who led the company's insurance arm, and acknowledged that the U.S. healthcare system is "flawed" and in need of reform. In a New York Times opinion pieces, Witty made his first public comments since last week's fatal shooting of Thompson.
CEO Andrew Witty said: "We know the health system does not work as well as it should, and we understand people's frustrations with it."