UnitedHealth's stock plunged amid backlash stirred by the fatal shooting of UnitedHealthcare CEO Brian Thompson last week.Nearly a week after Thompson was shot in New York City, Mayor Eric Adams confirmed that law enforcement had arrested a 'strong person of interest' in Pennsylvania. They named 26-year-old Luigi Mangione as the person of interest, but he has not been formally charged with the shooting.Thompson was shot at about 6:45 a.m.
It might not show up in your profit immediately, but it creates the risks of backlash, the risks of regulation, the risks that your consumers may one day wake up and decide that we don't want to engage with a company that does this to us anymore,' she said.In the short-term, the company may not have to change much, she said, noting that the 'dysfunctional' state of politics makes it unlikely the industry will face any new regulations or legislative action due to the backlash.