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Stock Movers: UnitedHealth Group Falls, Hertz Sees Big Gain, Eli Lilly & Taiwan Semiconductor Rise
Posted
April 17, 2025
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3:58Now PlayingUnitedHealth Group (UNH) cut its annual forecast and reported its first earnings miss in over a decade, causing shares of major health insurers to plummet.
Hertz (HTZ) soared as much as 40% in premarket trading on Thursday, set to extend Wednesday’s record 56% rally, after CNBC reported that Bill Ackman’s Pershing Square holds about a 19.8% stake in the beleaguered rental-car company.
Eli Lilly (LLY) shares rose on news that the company's experimental weight-loss pill, orforglipron, worked as well as the Ozempic shot in a trial, bringing it closer to developing a needle-free alternative.
Taiwan Semiconductor (TSMC) climbed after the chipmaker forecast sales for the second quarter that beat the average analyst estimate. The company kept its growth outlook for 2025 on expectations of AI revenue doubling.
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