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UnitedHealthcare Value Drops $41.6 Billion in Week After CEO Brian Thompson’s Slaying.
(finance.yahoo.com)
this post was submitted on 12 Dec 2024
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"value", it should be a service that is focused on servicing and have no value at all.
Fidelity, vanguard and blackrock are major shareholders of the UHC
That's code for the owner class along with some boomer 401ks
That's likely most 401ks. They're a very large company so they're going to be in just about every stock market index fund available. The classic advice for 401ks is to use index funds because their fees are so much lower than managed funds, and you can follow your portfolio by following the S&P 500 instead of having to worry about what particular stocks a fund manager picked.
Fund managers also tend to do worse than the market more generally, because a lot of them are really bad at their jobs.