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UnitedHealth Group Shares Fall After WSJ Reports of Investigation for Possible Medicare Fraud
Shares of UnitedHealth Group fell after The Wall Street Journal reported that the Justice Department is investigating the company for possible criminal Medicare fraud. The stock fell 5.1%, to $292.40, in postmarket trading. Through Wednesday's close, shares have lost more than 40% of their value in the past year.
Wall Street is wary of UnitedHealth Group's (UNH) near-term prospects after the company's sudden CEO shake-up and its pulling ...
Hemsley is credited with building UnitedHealth into the vertically integrated ... plans initially stoked fears about other peers in the group facing similar pain. CVS has faced similar problems ...
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