UnitedHealth Group Stock Surges 1.53% with 17th Highest Trading Volume

On July 11, 2025, UnitedHealth Group Incorporated (UNH) saw a 1.53% increase in its stock price, with a trading volume of 29.43 billion, making it the 17th highest in the market that day.

Morgan Stanley Finance LLC has introduced Contingent Income Auto-Callable Securities linked to UnitedHealth Group Incorporated (UNH) common stock. These securities, maturing on August 3, 2028, unless called earlier, are fully and unconditionally guaranteed by Morgan Stanley. Each note has a $1,000 stated principal amount and is issued under the Series A Global Medium-Term Notes program. The coupon mechanics offer a quarterly contingent coupon at an annualized rate of 16.00%, but only if UNH's closing level on the relevant observation date is at or above the coupon barrier (70% of the initial level). Missed coupons are not made up. The notes will be redeemed at par plus the coupon if UNH closes at or above the call threshold (100% of the initial level) on any of eleven scheduled dates. If not previously called and UNH’s final level is ≥ the downside threshold (70% of the initial level), holders receive full principal plus any due coupon. If the final level is < the downside threshold, repayment is principal multiplied by the performance factor, resulting in a 1-for-1 downside loss and potential total loss of principal. The securities are unsecured obligations of MSFL and rank pari passu with Morgan Stanley’s other unsecured debt. Payment is subject to Morgan Stanley’s credit risk; a default could lead to loss of principal and coupons. The estimated value on the pricing date is approximately $963.60 (±$45), below the $1,000 issue price because it includes distribution and hedging costs and uses an internal funding rate favorable to the issuer. Secondary market values will reflect dealer spreads and Morgan Stanley credit spreads and may be materially below issue price. The notes will not be listed on any exchange. MS & Co. may act as a market maker but is not obliged to provide liquidity. Investors should be prepared to hold to maturity. The product suits investors seeking potentially high contingent income and willing to accept full downside exposure below a 30% buffer, risk of zero coupons, issuer credit risk, and limited liquidity. Investors do not participate in any UNH price appreciation. Key dates include the strike/pricing date on July 31, 2025, original issue date on August 5, 2025, first call determination on October 31, 2025, final observation date on July 31, 2028, and maturity on August 3, 2028. Identifiers are CUSIP 61778NLA7 and ISIN US61778NLA71.