Reported about 11 hours ago
UnitedHealth Group contacted the SEC regarding Bill Ackman's deleted post on X, where he claimed the company exaggerated its profits. Following Ackman's remarks, which suggested investors short the stock due to potentially overstated profitability, UnitedHealth's shares fell by 4.3%. The company defended itself, stating that it operates under strict regulatory frameworks, and dismissed Ackman's implications as unfounded.
Source: YAHOO