Keep pulling the thread on United Healthcare.
UnitedHealthcare is forecasting a decline in revenue for the current year.
The forecasted revenue decline for UnitedHealthcare would be its first annual contraction in more than three decades.
The Trump administration has proposed holding payments to private Medicare plans flat for the next year.
United Healthcare's stock was down 16% in pre-market trading.
UnitedHealthcare's strategy for the year involves reducing its footprint and membership to achieve higher profits, despite expecting lower revenue.
Revenue is projected to drop at both the UnitedHealthcare and Optum Services divisions.
UnitedHealth is divesting assets acquired over the past decade in an effort to boost profits.
The stock prices of Humana and CVS Health fell sharply following the news of the Trump administration's proposal for Medicare payments.
JetBlue's stock price decreased by 42% last year.
According to George Ferguson of Bloomberg Intelligence, major airlines like United and American are performing well, while regional airlines are facing a difficult business environment.
Fat Brands, the owner of restaurant chains including Fat Burger, Johnny Rockets, and Twin Peaks, has filed for Chapter 11 bankruptcy.
Hooters, Red Lobster, and TGI Fridays have all recently filed for bankruptcy.