UnitedHealth Group Plummets 8.27% in Four Days, Ninth in Market Activity with $57.72 Billion Trading Volume Amid Medicare Fraud Probe

On May 27, 2025, UnitedHealth Group (UNH) experienced a decline of 0.19%, marking its fourth consecutive day of losses, with a total decrease of 8.27% over the past four days. The company's trading volume reached $57.72 billion, placing it ninth in the day's market activity.

UnitedHealth Group is currently under criminal investigation by the Department of Justice for potential Medicare fraud, as reported by The Wall Street Journal on May 14, 2025. This investigation has led to a significant drop in the company's stock price, with shares plummeting as much as $59.13 (-19%) following the report.

In response to the investigation, several securities class action lawsuits have been filed against UnitedHealth Group. These lawsuits allege that the company violated federal securities laws by making false and misleading statements to investors. The lawsuits seek to recover losses suffered by investors as a result of these alleged violations.

UnitedHealth Group's stock has been under significant pressure in recent months, with shares dropping over 50% since April. The company's stock has also reached its most oversold level on both the weekly and monthly charts since the 2008 financial crisis, according to technical analysis.

Despite the recent challenges, some analysts believe that the worst may be priced into UnitedHealth Group's stock. The company's strong fundamentals and dominant position in the healthcare industry could provide a floor for the stock price, even in the face of ongoing legal and regulatory challenges.