UnitedHealth Pulls Back 11% in 3 Months: Think Twice Before Buying

UnitedHealth Group Incorporated (UNH) is now trading 17% below its 52-week high, prompting some investors to consider it a buying opportunity. However, a deeper look is required before making a decision. The health insurance giant has fallen 11.3% over the past three months, underperforming both its industry peers in the Zacks Medical - HMOs industry and the broader S&P 500 Index. In comparison, Elevance Health, Inc. (ELV) has declined just 2.9%, while Humana Inc. (HUM) has slipped 6.5% over the same period ...