Not looking good.
24 replies (most recent on top)
258.39
@sw https://www.forbes.com/sites/steveschaefer/2012/09/14/breakup-knocks-kraft-out-of-dow-unitedhealth-tapped-to-join-sept-21/
"Kraft Foods, which is spinning off its North American grocery business Oct. 1, will be removed from the 30-stock index after the close of trading Friday Sept. 21 and replaced by UnitedHealth Group.
UnitedHealth, up 3% in pre-market trading, opened 1.4% higher Friday. The company gets the promotion not long after the Supreme Court signed off on Obamacare, a series of healthcare reforms including a mandate for individual health insurance coverage."
Bad news out of the govt about UHG. The camel breaking straw to knock them out of the DOW is coming a bill to split PBM/payers/providers would likely fit the bill.
Dismantling of OH is a good indicator this is coming.
@ks Is $230 the number to watch? We entered the trough from Summer 2025 and it kissed that level before bouncing back, again because of DOW placement. CVS is a compelling replacement for UHG.
Curious if anyone's done the math on valuation of UHC alone plus Optum tasks for UHC as a customer which will get pulled back as UHG Corporate Services. Once we shed the PBM it's hard to stay in the DOW
It's currently trading at where it was 8 yrs ago in 2018. 268.00. That is god awful performance. The only thing it is mentioned on every gurus value stock list to buy. But it has been that way for a year.
The only thing holding this stock up is its placement in the DJIA index. Once they get removed this stock tanks, real value under $50 for the customer base of the true insurance line. Optum is financially worthless and provides no real value.
The reason companies like this survive is because our economy went through Financialization. They don’t make anything nor produce any real value. The war in Iran will be the end of the US hegemony. Big changes coming, no more kicking the can down the road.
@js And you thought Mukesh was better? So glad he's no longer under M&R.
@gq I spoke the truth! And this Truth applies across various orgs and departments. If mine was the only ones with toxic management maybe I might give myself away. With the entire management so rotten I don't think I am risking anything lol.
@gy it's the same across the org. SH has completely lost his mind and is driving Optum to zero until it goes away. UHC will survive - that's all that matters
Zmuda is awful. no clue who thought putting her in a leadership role was a good idea. Inmates are running the asylum right now
@da say more and you will definitely give yourself away
@g1 I am so sorry for your loss. Your words bring me hope. I have been pretty down with all these layoffs because I’m not exactly young but not old enough for retirement but knowing your peers found work helps me stay positive. Thank you.
Karma. It’s a real thing. These thugs acquired our company and within a year laid off the best members of the team, lost contracts, continue to lose contracts, and will lose more contracts as our team members are now unshackled from those predatory non competes and working at other competing companies, taking prior clients back, one by one, as the contracts expire.
Oh, and that wonderful ‘Injun lady that laid me off when she knew I was driving back from my mother’s funeral and she knew it?
Glad she and the rest of those “people” have enjoyed watching their stock plummet.
Karma is very real and well deserved.
PS: all prior team members are employed, make more money, and are happier and healthier than when wondering when their careers would be terminated by these thugs. A good lesson for those of you working at this place.
@be - they are going to start putting all the bad private equity gambles in our 401K portfolios to hide the losses. Rich got richer and then put the losses on working class and many won’t know what hit them.
@c2 n let's not forget the incompetent CTO, 100x, zmuda n gang, constantly re-orging, moving things around causing chaos, offshoring at an unbelievable rate with no accountability for quality or time difference making it impossible to work with them productively. Zmuda has redefined the roles to suit her agenda and bonus. Fire them all and the useless senior directors who just sit on their a-s and bark at engineers, architects and Data scientists. And fire all the useless PMs, agile masters and TPMs , most of them are USELESS, Know nothing and defer everything to engineers n architects anyway. This is getting BEYOND RIDICULOUS. ZERO ACCOUNTABILITY on executives who all got starting rate of 100k+ bonuses and RSUs . Mu VZ made 500k+ last year and all he does his how we should add more value, use AI, up skill AI, take accountability. Chat GPT can do that for free
@c1 stock price and our layoffs have absolutely nothing to do with each other. We were laying off at 600+.
@c6 That is true. Big layoffs every 3 months was/is the pattern for some time now.
@c6 To be fair I think they have ticked up, and the stock has gone down as well, in large part due to CMS blocking the gamification of 'upcoding' in Medicare Advantage. All the big insurers have taken massive hits since these changes by CMS have been taking place.
@c1 layoffs were happening just as frequent when the stock was north of $600/share
@OP The Street is the only check on bad leadership and so far they're still playing along before the pig is roasted. Last time the stock dropped, we got rid of the CEO.
Not an option anymore when the new CEO is also chair of the board. Let's not forget that SH was AW's boss as board chair back then, so any blame game goes back to SH.
He is literally destroying his own company with bad moves and even worse clowns in his C-suite and yes-man buddies in the BoD
High stock value keeps the investors happy and the layoffs away. Corporate Life 101
America is going to collapse like a circus tent - wait til you all lose your 401k
As a employee who was laid off in 2025, I've shorted the stock and made about $8500. From what I see here it's still gasping for air and going below 200 next.
@a3 you know nothing about stock valuations😅. Just becoz a price is less does not mean it’s worse off…it’s number of shares outstanding…Go AI this and educate yourself
- Anthem (ANTM) — $585.12
- Cigna (CI) — $411.25
- Humana (HUM) — $507.80
- CVS Health (CVS) — $93.45
- Elevance Health (ELV) — $914.30
- Molina Healthcare (MOH) — $450.10