Stock Movers: UnitedHealth Falls, Boeing Rises, Enphase Drops on Proposed Tax Changes
May 13, 2025
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2:24Now PlayingStock Movers: UnitedHealth Falls, Boeing Rises, Enphase Drops on Proposed Tax Changes
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as posted by the channelUnitedHealth shares fall after the company unexpectedly replaced its chief executive and brought back Chairman and former CEO Stephen Hemsley.
The company suspended earnings guidance for 2025, citing higher-than-expected medical costs of many Medicare Advantage beneficiaries who are new to the company.
Boeing shares rise after China removed a month-long ban on airlines taking delivery of Boeing planes after US-China talks over the weekend, according to sources telling Bloomberg.Around 50 Boeing jets are to be delivered to China this year, it saves the planemaker the time and cost of finding new buyers.
Saudi Arabia’s sovereign wealth fund is set to order 30 737 Max jets for aircraft leasing company AviLease, according to another Bloomberg News report. That comes as President Donald Trump heads to the Middle East this week
Enphase shares fall after analysts cited the proposed federal tax changes as a headwind for residential solar -- specifically a potential plan to eliminate credit for homeowners who take loans or pay cash for their residential solar and battery systems.
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