Name: UNH Rises on Earnings, Starboard Acquires MTCH Stake, Selling Pressure on RDDT
Uploaded: 2024-07-16T15:30:41.549-05:00
Duration: 10 min 45 s
Description: UnitedHealth (UNH) rises on earnings and reaffirms its 2024 EPS guidance. Activist investor, Starboard acquires a 6.5% stake in Match Group (MTCH). Loop Capital downgrades Reddit (RDDT), noting that there will likely be selling pressure when the lockup expires on August 9th.

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UnitedHealth (UNH) rises on earnings and reaffirms its 2024 EPS guidance. Activist investor, Starboard acquires a 6.5% stake in Match Group (MTCH). Loop Capital downgrades Reddit (RDDT), noting that there will likely be selling pressure when the lockup expires on August 9th.

UNH Rises on Earnings, Starboard Acquires MTCH Stake, Selling Pressure on RDDT

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