Manhunt Intensifies for UnitedHealthcare CEO's Killer Amid Public Sympathy

1 min read
Source: Yahoo Finance
Manhunt Intensifies for UnitedHealthcare CEO's Killer Amid Public Sympathy
Photo: Yahoo Finance
TL;DR Summary

UnitedHealth Group's shares dropped significantly following the murder of UnitedHealthcare CEO Brian Thompson, which sparked renewed criticism of the healthcare industry. The company's stock fell 10% over the week, losing $56 billion in market value, exacerbated by a leaked video of CEO Andrew Witty criticizing industry detractors. The incident has intensified public scrutiny and backlash against for-profit health insurance practices, with rival firms like Elevance Health also experiencing stock declines. Authorities believe Thompson's murder was a targeted attack, though no suspect or motive has been disclosed.

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