Today’s stock market movers include UnitedHealth (UNH), Canada Goose (GOOS), and Target (TGT).
UnitedHealth shares plummeted after a report revealed the company paid nursing homes to reduce hospital transfers for elderly residents. The Guardian reported that despite the move, patients in need of immediate care were often denied it. UnitedHealth disputed these findings, stating that its employees’ actions helped prevent unnecessary hospitalizations.
In contrast, Canada Goose shares soared as the outerwear maker beat analyst estimates with fiscal fourth quarter revenue and adjusted earnings per share. However, the company will not provide guidance for 2026 due to macroeconomic uncertainty.
Target’s shares took a hit after the retailer missed first-quarter revenue estimates. The company’s sales forecast was cut following a decline in consumer spending and tariffs that led to boycotts. Analysts question Brian Cornell’s leadership as growth struggles persist despite the brand’s strong reputation.
Source: https://www.bloomberg.com/news/audio/2025-05-21/stock-movers-unitedhealth-canada-goose-target-podcast?srnd=phx-markets