UnitedHealth's stock soars toward record price gain, provides 120-point boost to Dow's price

Tue, 15 Oct 2019 15:26:45 GMT


Shares of UnitedHealth Group Inc. soared 8.0% in morning trading, putting them on track for the best one-day percentage gain since April 2011, in the wake of the health care services company's better-than-expected third-quarter earnings report. The stock's price gain of $17.65, which would be the biggest one-day price gain since the company went public in 1984, is adding about 120 points to the Dow Jones Industrial Average's price, which is up 249 points. The stock has now run up 11% since it closed at a 1 1/2-year low of $215.26 on Sept. 27, amid political and health policy uncertainty and concerns over competition.

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