Morning Movers: UnitedHealth sinks following CEO exit and outlook suspension

TipRanks

Wed, May 14, 2025, 6:18 AM 1 min read

Stock futures are mixed, signaling a imaginable intermission pursuing Monday’s rally driven by optimism implicit a impermanent U.S.-China commercialized deal.

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In firm news, UnitedHealth Group shares plunged 10% aft CEO Andrew Witty stepped down, with erstwhile CEO Stephen Hemsley stepping in. The institution besides suspended its outlook owed to rising aesculapian costs.​

Bitcoin has regained worth supra $103,800, aligning with Coinbase’s emergence aft inclusion into the S&P 500.​

In pre-market trading, S&P 500 futures were flat, Nasdaq futures roseate 0.21% and Dow futures fell 0.44%.

Check retired this morning’s apical movers from astir Wall Street, compiled by The Fly.

UP AFTER EARNINGS –

• Perion Network (PERI) up 7%

• Under Armour (UAA) up 3%

• Legend Biotech (LEGN) up 2%

• Altimmune (ALT) up 2%

• JD.com (JD) up 1%

• Y-mAbs Therapeutics (YMAB) up 1%

• Urban One (UONE) up 1%

DOWN AFTER EARNINGS –

• International Game (IGT) down 8%

• Honda (HMC) down 4%

• CyberArk (CYBR) down 1%

LOWER –

• UnitedHealth (UNH) down 10% aft announcing Andrew Witty’s determination to measurement down arsenic CEO and suspending its FY25 guidance

• Pinterest (PINS) down 2% aft The Information reported Google (GOOGL) is moving connected a ocular inspiration merchandise that could vie with Pinterest, with the diagnostic showing users images, specified arsenic ideas for manner oregon interior design, and lets them prevention the images successful antithetic folders

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Disclaimer & DisclosureReport an Issue

• Under Armour sees Q1 adjusted EPS 1c-3c, statement 0c

• Under Armour reports Q4 adjusted EPS (8c), statement (8c)

• Notable companies reporting earlier tomorrow’s open

• Under Armour terms people lowered to $6 from $8 astatine Barclays

• Is UAA a Buy, Before Earnings?