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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<p>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.</p>

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

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