UnitedHealth Extends Slump; UPS Sees Better-Than-Expected Sales; General Motors Shares Gain
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Show Notes
On this episode of Stock Movers:
- UnitedHealth (UNH) shares extended losses after the health insurer gave a revenue forecast for 2026 that disappointed Wall Street. Late Monday, the US proposed holding payments to private Medicare plans flat for next year, weighing on shares of health insurers.
- General Motors (GM) shares rise after the automaker gave an outlook for full-year adjusted Ebit with a midpoint above what analysts expected.
- United Parcel Service (UPS) forecast full-year sales above Wall Street’s expectations as it forges ahead with plans to cut less-profitable package volume out of its network. Revenue will be about $89.7 billion in 2026, UPS said Tuesday in a statement that also detailed quarterly financial results. Analysts had anticipated $87.95 billion on average in estimates compiled by Bloomberg. The company said its adjusted operating margin will be about 9.6%.
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