UnitedHealth CEO leaves abruptly, company pulls forecast as shares sink

13 May 2025, 11:28 am

1 min read

FILE PHOTO: UnitedHealth CEO Andrew Witty testifies before a Senate Finance Committee hearing about a recent cyberattack at the company's technology unit and its impact on patients and providers, in this frame grab taken from video on Capitol Hill in Washington, U.S., May 1, 2024. U.S. Senate/Handout via Reuters/File photo

UnitedHealth’s shares plunged nearly 18% to a four-year low after Reuters beat rivals by 10 seconds in reporting that it had suspended its annual forecast due to surging medical costs. Reuters was also first with the news of its surprise CEO change