How Bill Ackman predicted UnitedHealth stock crash two months early

Core Viewpoint - UnitedHealth's stock has significantly declined due to allegations of fraud and management instability, with Bill Ackman predicting these issues months in advance [1][2][5]. Group 1: Company Performance - UnitedHealth's market capitalization has dropped from $430 billion to $272 billion, reflecting a significant loss in investor confidence [2][3]. - The stock has plummeted 40.15% year-to-date (YTD) and is down 35.53% since Ackman's warning in February [6]. Group 2: Management Changes - The unexpected departure of long-standing CEO Andrew Witty contributed to the stock's decline, alongside the company's decision to withdraw its 2025 outlook [4]. Group 3: Regulatory Scrutiny - The Department of Justice (DoJ) has initiated an investigation into UnitedHealth's Medicare billing practices, which has further fueled concerns about potential fraud [2][5].