Reported about 15 hours ago
UnitedHealth's stock rallied over 8% on Monday after several insiders, including new CEO Stephen Hemsley, bought shares following a steep decline to five-year lows due to concerns over leadership changes and a federal investigation into possible Medicare fraud. Hemsley's purchase of 86,700 shares at approximately $288.57 came after former CEO Andrew Witty's resignation, alongside other significant insider purchases. Despite this rally, the stock has still lost nearly half its value in the past five weeks.
Source: YAHOO