00:00It's Benzinga bringing Wall Street to Main Street.
00:02United Healthcare Group and major insurance stocks fell over 6 percent
00:06following the fatal shooting of United Healthcare CEO Brian Thompson in Manhattan last week.
00:10UnitedHealth, CVS Health, and Cigna are among the nation's largest private health insurers,
00:15and UnitedHealthcare is the largest payer of health insurance benefits in the U.S.
00:20Luigi Mannignon is accused of the shooting and reportedly criticized
00:23the healthcare industry in writings found during his arrest.
00:26Healthcare equity strategist Jared Holes noted renewed backlash against insurers' business
00:31models but expects the stock impact to be temporary. Prosecutors charged Mannignon
00:35with second-degree murder and other crimes, citing his anti-corporate sentiments.
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