UnitedHealth Group's deepening problems are affecting its executives, investors, and millions of people. The company's plummeting shares are weighing down the Dow Jones Industrial Average, a key indicator of the U.S. stock market.
Key Points
UnitedHealth is a significant company in the healthcare industry and the U.S. economy.
The Dow Jones Industrial Average is viewed as a key bellwether for the economy and markets.
The Dow edged up despite UnitedHealth's share price decline.
Pros
UnitedHealth's ongoing selloff means its shares now play a smaller role in the overall Dow Jones index.
Cons
UnitedHealth's plunging shares are negatively impacting the Dow Jones Industrial Average.
The company is facing business and reputational problems, including a possible criminal Medicare fraud investigation.