UnitedHealth Continues Downslide; Amazon-FedEx Deal; Hertz Lower
On this episode of Stock Movers:- UnitedHealth Group (UNH) is lower this morning after it suspended its 2025 outlook, citing higher-than-expected medical costs for new Medicare Advantage beneficiaries, and expects to return to growth in 2026. The company also named Stephen Hemsley as its new CEO, replacing Andrew Witty, effective immediately.- Amazon (AMZN) is higher this morning after reaching a multiyear agreement with FedEx to deliver large packages for the online retailer, renewing a relationship between the two companies that ended in 2019. The deal follows plans announced in January by…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.