Shares of UnitedHealth, the largest U.S. health insurer, rose as much as 3.95 percent to a record high of $158.12 on Tuesday after the company issued a better-than-expected earnings forecast for the coming year.
The stock ended the day slightly below that level at $157.59, still up 3.6 percent.
UnitedHealth, which is in the process of exiting the government’s subsidized market for health insurance, known as Obamacare, said on Monday it expected to earn between $9.30 and $9.60 per share in 2017, excluding items.
