
UnitedHealth shares crash after surprise earnings miss, cuts to forecast
By Sriparna Roy and Bhanvi Satija (Reuters) -UnitedHealth Group surprised investors with what its CEO said was an “unusual and unacceptable” quarterly earnings miss, and it lowered its outlook for the full year due to higher-than-expected medical costs, sparking a more than 20% selloff in shares that reverberated across the sector. The company’s first earnings…