Fair. Balanced. American.

Tuesday, January 19, 2010

Follow the markets

This is what you get when you vote for an "independent Republican." A big payoff for Big Insurance.
UnitedHealth Group (NYSE: UNH) opened at $34.56. So far today, the stock has hit a low of $34.50 and a high of $35.90. UNH is now trading at $35.13, up $1.38 (4.09%). Over the last 52 weeks the stock has ranged from a low of $16.18 to a high of $33.99. Shares of UNH are rising with other health insurers this morning ahead of today's special Senate election in Massachusetts. If Republican State Senator Scott Brown wins the election to replace the late Edward Kennedy, Senate Democrats would lose their filibuster-proof majority, which could thwart healthcare reform efforts opposed by health insurers.

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