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Why UnitedHealth Stock Is Down Today


The U.S. Department of Justice has reportedly launched an investigation into UnitedHealth Group's (NYSE: UNH) Medicare billing practices.

Investors were shaken by the report, sending UnitedHealth shares down 9% as of 10 a.m. Eastern.

UnitedHealth is the parent of the nation's largest health insurer as well as a range of other health-industry businesses including doctors' practices and a pharmacy-benefit manager. The Wall Street Journal, citing unnamed sources, reported Friday that Justice is probing the company's billings.

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Source Fool.com

UnitedHealth Group Inc. Stock

€231.25
3.190%
UnitedHealth Group Inc. dominated the market today, gaining €7.15 (3.190%).
With 69 Buy predictions and 3 Sell predictions UnitedHealth Group Inc. is one of the favorites of our community.
With a target price of 487 € there is potential for a 110.59% increase which would mean more than doubling the current price of 231.25 € for UnitedHealth Group Inc..
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