UnitedHealth Sinks, Canada Goose Jumps, Lowe's Rises on Sales Beat
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UnitedHealth Sinks, Canada Goose Jumps, Lowe's Rises on Sales Beat
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On this episode of Stock Movers:
- UnitedHealth (UNH) shares sink after the Guardian reported that the health insurer secretly paid nursing homes to reduce hospital transfers for ailing residents. Nursing home residents who needed immediate hospital care under the program failed to receive it, after interventions from UnitedHealth staffers, the Guardian reported.
- Canada Goose (GOOS) shares jump after the outerwear maker reported fiscal fourth quarter revenue and adjusted earnings per share that beat analyst estimates. The company said it would not provide an outlook for fiscal 2026, citing “ongoing macroeconomic uncertainty and dynamic consumer spending patterns brought on by the unpredictable global trade environment.”
- Lowe's (LOW) shares rise after comparable sales beat expectations in the latest quarter, despite a 1.7% dip. The results suggest that US consumers have maintained home spending despite economic turbulence, with many deferring big projects due to high interest rates but pursuing smaller ones.
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