Market Overview

UnitedHealth Sharply Higher After Q3 Beat

Related UNH
What You Need To Know About DoJ's Whistleblower Lawsuit Against UnitedHealth
UnitedHealth Lower Off NYT Article Claiming Suit For Overbilling Medicare
Stock Indexes Jog Higher; Wal-Mart, Boeing And Chevron Set Pace (Investor's Business Daily)

UnitedHealth Group Inc (NYSE: UNH) shares are trading higher by $9.00 at $143.13 in Tuesday's session. The monster rally is the result of a Q3 beat of $0.09 along with a $20 million beat for revenues.

Following a sharply higher open ($139.30 vs. Monday's close of $134.13), it retreated just over $1 before finding support at $137.87 and resuming its move higher.

So far, it has reached $143.70 before falling back the $143 area. That high coincides with a series of six highs from $143.48 to $144.16 back in late July and early August.

Its all-time-high was made on July 20 at $144.48 and its all-time closing high was made on July 22 at $143.69.

Posted-In: Technicals Intraday Update Movers Trading Ideas


Related Articles (UNH)

View Comments and Join the Discussion!