Yahoo Finance

Less than a month after a dramatic cut to UnitedHealth Group’s guidance set off a historic selloff in the insurance giant’s shares, the company has pulled its entire 2025 outlook and announced that its CEO had stepped down. The company said its CEO, Andrew Witty, was stepping down for “personal reasons.” Steep selloffs have greeted UnitedHealth’s past three quarterly reports, culminating in the April guidance cut that led to a 27% two-day tumble in UnitedHealth’s stock price.