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UNITEDHELHELHELTH GROUP raised concerns with the best securities organizer in the United States about a social media post by activist investor Bill Akwan, who claimed that the health care group could amplify its profits.
“If I am still the shortest shares, I will briefly do the United Health Care. (The Securities and Stock Exchange Committee) must conduct a comprehensive investigation of the company,” said Akman, the founder of the billionaire of the hedge fund, Pershing Square Manstant, on the social media platform X on Tuesday.
He added: “I will not be surprised when I find that the company's profitability is greatly exaggerated because of its denial of the necessary procedures and patient care.” Delete the postcard.
United Holth said: “Health insurance has long underwent wearing organizational supervision and great profits,” said United Holth. “Any allegations that health insurance companies, which usually have low numbers margins to the middle of the house, can be more unlikely to this structure and strong organizational supervision of the sector.”
A person close to UNITEDHELTH said that the healthcare group has referred Ackman's comments to SEC, which is to monitor US securities. The shares in UNITEDHELTH decreased by 2.2 percent on Wednesday, giving the group a market value slightly more than $ 490 billion.
A representative of the commentary rejected. SEC refused to comment.
Ackman has a long history of using social media and general manifestations of provocative data and often moving the market, which sparked controversy.
At the beginning of the epidemic in March 2020He declared that “Hell is coming” and recommended global panels to combat the virus in the appearance of CNBC that knocked on the markets.
However, Akam has caused criticism to issue his public advertisements almost at the same time, and he had a great bet that American companies would struggle to pay their debts.
But he also started buying companies like Hilton and Starbucks, as he said in the appearance of CNBC, which was not fairly panic.
Its Pershing Square Fund has ranked $ 2.6 billion on the hedges of the Day of Resurrection, which you put in the juvenile markets quickly. Aclus has never been accused of violations.
The billionaire investor is also betting against individual companies, and it often leads public offers to determine his research.
Nowadays, Ackman does not have short bets against the market or individual companies, according to the general disclosure of Pershing Square.