Stocks to Watch: Tesla and UnitedHealth Fall, Roivant and Valero Rise
On Tuesday, Tesla and UnitedHealth Group stocks fell as Tesla delivered fewer vehicles than expected and UnitedHealth Group faced disappointment over finalized payment rates for Medicare Advantage plans. Meanwhile, Roivant Sciences and Valero Energy stocks rose, with Roivant providing an encouraging update on the development of an eye condition treatment and Valero benefiting from rising oil prices. PVH Corp. and Veeva Systems stocks also experienced significant declines due to disappointing earnings forecasts and the resignation of Veeva Systems' chief financial officer, respectively.
