Elevance Health Stock Plunges 10.26% Amid UnitedHealth Earnings Miss

Generated by AI AgentAinvest Movers Radar
Friday, Apr 18, 2025 4:52 am ET1min read

On April 18, 2025, Elevance Health's stock experienced a significant drop of 10.26% in pre-market trading, reflecting a notable decline in investor sentiment.

Elevance Health's stock decline was influenced by the broader market reaction to UnitedHealth's earnings miss and subsequent stock selloff. UnitedHealth's stock plummeted by over 22%, resulting in a $120 billion loss in market value, its biggest one-day selloff since 1998. This uncertainty rippled through the health insurance sector, causing other major players, including

, to experience declines.

Elevance Health's stock fell 2.4% in response to the market turmoil, as investors reassessed their positions in the wake of UnitedHealth's disappointing earnings report. The selloff was driven by concerns over the broader economic outlook and the potential impact on the health insurance industry.

Looking ahead, Wall Street analysts are closely watching Elevance Health's upcoming earnings release, with forecasts pointing to quarterly earnings of $11.09 per share. The company's performance in the first quarter will be crucial in determining investor confidence and the stock's trajectory in the coming months.

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