Trump’s Cabinet And Key Jobs: David Sacks Selected As ‘A.I. & Crypto Czar,’ David Perdue Picked As Ambassador To ChinaShares of UnitedHealthcare’s parent company led a broader selloff in health insurance stocks, losses one analyst described as a likely result of the industry’s fresh focus following the Wednesday killing of UnitedHealthcare’s chief executiveThat is the U.S.
Shares of Anthem Blue Cross Blue Shield parent Elevance Health dipped 3% on Friday, bringing its weekly loss to 6% as the companyOther health insurance players, like Cigna , Centene and Humana , dropped as well.The massive UnitedHealth-led losses did not have a typical catalyst for such a steep, industry-spanning decline, such as weak quarterly financial results, worse than expected profit guidance or a significant change in legislation.