UnitedHealth Group Surges to 15th in Trading Volume Despite Stock Price Decline

On May 12, 2025, UnitedHealth Group (UNH) experienced a significant trading volume of $41.72 billion, marking a 30.46% increase from the previous day. This surge placed UNH as the 15th highest traded stock for the day. However, the stock price of UNH has been on a downward trend, declining by 0.50% and marking its fifth consecutive day of losses, with a total decrease of 6.44% over the past five days.

UnitedHealth Group is currently facing a securities class action lawsuit. The lawsuit alleges that the company made misrepresentations regarding its ability to meet its guidance range for net and adjusted earnings per share. The complaint further claims that UnitedHealth had engaged in a corporate strategy of denying health coverage to boost profits and share price, which resulted in regulatory scrutiny and public outrage. This strategy ultimately led to the murder of Brian Thompson, an event that sparked widespread public reaction and calls for UnitedHealth to change its practices.

The lawsuit seeks to recover damages for alleged violations of federal securities laws on behalf of investors who purchased UnitedHealth securities between December 3, 2024, and April 16, 2025. The complaint alleges that UnitedHealth's public statements were materially false and misleading, and that the company recklessly maintained its guidance despite changing corporate strategies. Investors who suffered losses have until July 7, 2025, to request that the court appoint them as lead plaintiff in the class action lawsuit.