What's Going On With UnitedHealth Stock Monday?

UnitedHealth Group Inc. (NYSE:UNH) shares edged up on Monday, even as the stock remains down roughly 49% year to date. Trading volume stood at 6.39 million shares, well below the 100-day average of 20.28 million, according to Benzinga Pro. No fresh catalysts were apparent for Monday's move.

On Friday, UnitedHealth said it would divest more than 160 healthcare facilities as part of a proposed settlement with the U.S. Department of Justice (DOJ) to resolve antitrust concerns surrounding its $3.3 billion acquisition of Amedisys Inc. (NASDAQ:AMED).

The agreement also includes a $1.1 million civil penalty against Amedisys for providing inaccurate information during the regulatory review process.

Also Read: