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Why Elevance Earnings Gave Health Insurance Stocks A Cold; UNH Up Next

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08:56 AM ET 07/15/2026

Elevance Health (ELV) topped Q2 earnings estimates Wednesday, despite falling medical membership, but profit was boosted by one-time "below-the-line" factors and the full-year outlook was underwhelming. ELV stock tumbled, making it among the S&P 500's early laggards. Molina Healthcare (MOH), another S&P 500 managed care stock, joined Elevance among the biggest laggards performers in pre-market trading. UnitedHealth Group (UNH), which…