UnitedHealth shares jump as much as 9.8% at New York open

UnitedHealth shares jumped as much as 9.8% to $355.08 when the New York market opened on the day of its first-quarter report. Bloomberg reported that the quarterly profit beat the highest analyst estimate in its survey and that a key medical cost gauge was better than expected.

• Up as much as 9.8% to $355.08 at the open
• Adjusted EPS of $7.23 beat the highest analyst estimate in a Bloomberg survey
• Medical cost gauge came in better than expected