Skip to main content

Market Overview

UnitedHealth, CVS Health And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Share:
UnitedHealth, CVS Health And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 50 points on Thursday.

Shares of UnitedHealth Group Incorporated (NYSE:UNH) fell sharply during Thursday's session.

Shares of health insurance stocks traded lower after CMS announced a strategy to enhance and accelerate Medicare Advantage audits.

UnitedHealth has lost nearly $140 billion from its market capitalization following a series of events such as downbeat Q1 results, CEO Andrew Witty stepping down and a potential criminal investigation by the Department of Justice.

UnitedHealth shares declined 2.5% to $295.52 in the pre-market trading session.

Here are some other stocks moving lower in pre-market trading.

  • Sunrun Inc. (NASDAQ:RUN) shares dipped 15.1% to $9.05 in pre-market trading after declining around 8% on Wednesday.
  • Array Technologies, Inc. (NASDAQ:ARRY) declined 12.1% to $6.25 in pre-market trading.
  • Enphase Energy, Inc. (NASDAQ:ENPH) dipped 12.1% to $41.57 in pre-market trading.
  • Upexi, Inc. (NASDAQ:UPXI) fell 9.5% to $11.56 in pre-market trading after gaining over 29% on Wednesday.
  • Shoals Technologies Group, Inc. (NASDAQ:SHLS) dipped 9.1% to $4.28 in pre-market trading.
  • First Solar, Inc. (NASDAQ:FSLR) fell 8% to $150.38 in pre-market trading.
  • Manchester United plc (NYSE:MANU) shares declined 6.9% to $13.54 in pre-market trading.
  • SolarEdge Technologies, Inc. (NASDAQ:SEDG) slipped 5.2% to $18.81 in pre-market trading. GLJ Research analyst Gordon Johnson, on Wednesday, maintained SolarEdge with a Sell and raised the price target from $3.9 to $6.9.
  • CVS Health Corporation (NYSE:CVS) fell 2.8% to $60.35 in pre-market trading. Shares of health insurance stocks fell after CMS announced a strategy to enhance and accelerate Medicare Advantage audits.

Now Read This:

Photo via Shutterstock

 

Related Articles (ARRY + CVS)

View Comments and Join the Discussion!

Posted-In: big losers Premarket MoversNews Pre-Market Outlook Markets Movers Trading Ideas

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com