Shares of several health insurers rallied in trading on Friday after UnitedHealth Group Inc. UNH reported better-than-expected profit and revenue in the fourth quarter of 2022. Elevance Health Inc.’s ELV stock was up 2.6%, while shares of Cigna Corp. CI gained 2.2%, and shares of CVS Health Corp. CVS, which owns Aetna, were up 1.1%. UnitedHealth’s stock, the best performer among the Dow Jones Industrial Average’s components this morning, was up 2.4%.
... Shares of several health insurers rallied in trading on Friday after UnitedHealth Group Inc. UNH reported better-than-expected profit and revenue in the fourth quarter of 2022. Elevance Health Inc.’s ELV stock was up 2.6%, while shares of Cigna Corp. CI gained 2.2%, and shares of CVS Health Corp. CVS , which owns Aetna, were up 1.1%. UnitedHealth’s stock, the best performer among the Dow Jones Industrial Average’s components this morning, was up 2.4%.