UnitedHealth shares tank 17% as company slashes profit forecast dramatically

UnitedHealth shares plunged 17.4% premarket on Thursday after the insurer dramatically slashed its profit forecast for the year after it revealed disappointing earnings.The healthcare company – whose top insurance executive was shot dead in midtown Manhattan in December – cut its full-year adjusted earnings outlook to a range of $26 to$26.50 per share, down from $29.50 to$30 a share.The firm also reported adjusted income of $7.20 a share in the first quarter, below analysts’ expectations of$7.29, accordi ...