Health insurer stock prices fell today after UnitedHealth($UNH-1.7%) said the number of surgeries for adults age 65 and older increased more than expected over the past two months.
Health insurers have benefited from delaying non-urgent surgeries due to the COVID-19 pandemic and staffing shortages at hospitals.
For example, the popular $CVS-1.3% here fell less than 6%. An opportunity to buy? 😊
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Nice, I'll probably jump into $CVS-1.3%:)
I'm looking at this, I completely missed it. Thanks for the info. I'll look into it.
I also read this a while ago and it also made my portfolio red, but as Marek said, the drop was the smallest for them as this accounts for about 30% of their sales. They have a strong segment in pharmacies. I believe this is temporary and this is just a buying area which I also want to do today before the market closes, I am still waiting to see what the reaction of the market will be after the conference. I'm afraid it might not be a growth one like most are expecting.
Hmmm, now what? Is this a short term "trend" in your opinion or a real long term problem that will limit them from growing?
$CVS-1.3% is one of my biggest positions and I'm going to overbought for sure 👍 both from a TA perspective and from a future development perspective
I'll have to see how serious it is in the future, but I'll probably buy in today.