United Health Weak After Issuing Lower Guidance

by Joel Elconin, Benzinga Staff Writer

November 19, 2015 2:38 PM | 1 min read | Make a Comment

United Health Group Inc

UNH

shares are trading lower by $6 at $111.25 in Thursdays's session. Investors are abandoing the issue after the company lowered EPS for 2015 and 2016. After a sharply lower open, it immedialtey bottomed at $109.61 and began to rebound. The ensuing rally had taken the issue within $0.04 of Wednesday's range, stalling at $113.71. Since making the high it has been consolidating at the $111 area.

Joel Elconin is the co-host of Benzinga;s #PreMarket Prep, a daily trading idea radio show.

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