UnitedHealth Group (UNH) stock: what to watch after pay‑raise cap report
UnitedHealth Group capped employee pay raises at 0% to 2% and laid off an unspecified number of workers, Bloomberg reported Friday. Shares closed up 2.31% at $293.27 but slipped to $291.99 after hours. The company’s board approved a $2.21 per share dividend, payable March 17 to holders as of March 9. UNH outperformed the S&P 500 and Dow on Friday’s session.