UnitedHealth Group’s struggles are affecting not only its executives and investors but also the US stock market. The company’s shares have plummeted over 50% in just a month, weighing down the Dow Jones Industrial Average. As one of the top 30 companies in the index, UnitedHealth’s woes are being felt across the board.
The Dow has seen a muted rally compared to other major indices, such as the S&P 500 and Nasdaq. Meanwhile, UnitedHealth’s business problems have worsened with recent developments including CEO changes and a DOJ investigation into possible Medicare fraud.
Investors remain spooked despite this, citing potential penalties in the multi-billion dollar area from the investigation. However, UnitedHealth’s ongoing selloff means its shares now play a smaller role in the index, which has helped the Dow edge up slightly.
Source: https://www.npr.org/2025/05/16/nx-s1-5399539/unitedhealth-stock-dow-jones