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UnitedHealth's stock tumbled over 22% on April 17, 2025, marking its largest decline since 1998, after failing to meet first-quarter earnings expectations and lowering its full-year profit outlook. The health insurer cited higher-than-expected costs related to its Medicare Advantage and Optum businesses, alongside increased utilization of services by senior patients. Despite the poor results, CEO Andrew Witty emphasized the company's solid growth foundation and plans to address the issues going forward.
Source: YAHOO