UnitedHealth Group Inc. (NYSE: UNH) shares are trading lower Tuesday after the Wall Street Journal reported that Senator Chuck Grassley launched an inquiry into the company's Medicare billing practices.
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UnitedHealth Group saw its share price fall on Friday after the Wall Street Journal reported that it was facing a DOJ investigation.
UnitedHealth Group had another rough day in trading Friday. Reports that the Department of Justice (DOJ) is investigating its Medicare Advantage insurance business sent the stock
The selloff came as more than $2.7 trillion worth of options expired, an event which typically spurs heightened volatility.
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