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Stocks for WellPoint, largest health insurance company in the nation, hit year high

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mcablue Donating Member (625 posts) Send PM | Profile | Ignore Wed Dec-16-09 05:11 PM
Original message
Stocks for WellPoint, largest health insurance company in the nation, hit year high
Edited on Wed Dec-16-09 05:12 PM by mcablue
I decided to look up the year-round graph and found this:



http://www.google.ca/finance?q=NYSE:WLP

Not being an ecomomist myself, I have to ask you guys to explain to me what big news or event triggered this bonanza.
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MNDemNY Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 05:15 PM
Response to Original message
1. ..
United health care up 2.49% at midday

cigna up 2.35%
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Kurt_and_Hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 05:21 PM
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2. Well, when the insurers realized H1N1 wasn't going to be as bad as feared...
<kidding>

:hi:
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BklnDem75 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-16-09 05:56 PM
Response to Original message
3. You may be onto something!
A company rising 20 points after the country got hit by a financial crisis... hmmm. Started 2008 at 88 points and ended that year at 44 points. Now they're almost at 60... Definitely weird stuff, indeed!

Btw, I thought United Health Group was the biggest health insurance company in the nation, but they only went up 8 points. Double hmmm!
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Blue_Tires Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 11:04 AM
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4. ttt
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