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home / news releases / UNH - Why Diplomat Pharmacy Crashed (for a Final Time?) Today

UNH - Why Diplomat Pharmacy Crashed (for a Final Time?) Today

UnitedHealth Group Incorporated

Shares of Diplomat Pharmacy (NYSE: DPLO) were down 32% at 11:44 a.m. EST today after the company announced that it's being acquired by OptumRx, UnitedHealth Group's (NYSE: UNH) pharmacy-care services division.

You read that right: The company is being acquired, and shares went down. The takeout at $4 per share was substantially below the $5.81 that Diplomat Pharmacy closed at on Friday.

Image source: Getty Images.

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Stock Information
Company Name: UnitedHealth Group Incorporated
Stock Symbol: UNH
Market: NYSE
Website: unitedhealthgroup.com
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