Capital One Sinks, UnitedHealth Drops, Shake Shack Slips on Weak Forecast | Stock Movers

On this episode of Stock Movers: Capital One (COF) shares sink after President Donald Trump called on credit-card companies to cap interest rates at 10% for a year. The cap proposed by the president could wipe out earnings from cards for a year and ruin card economics, according to Mike Mayo, an analyst at Wells Fargo & Co. UnitedHealth (UNH) shares fall after a new Senate report found that the company used “aggressive strategies” to maximize diagnoses and boost payments for patients on private Medicare health plans. This adds to pressure on the largest US health insurer. Shake Shack (SHAK) shares slip after the burger chain reported preliminary fourth-quarter sales below Wall Street estimates. It's another sign of struggles in the fast-casual restaurant sector. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street. Check out more episodes of Stock Movers:    • Stock Movers   Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter:   / podcasts   Visit our other YouTube channels: Bloomberg Television:    / @markets   Bloomberg Originals:    / bloomberg   Quicktake:    / @bloombergquicktake   For coverage on news, markets and more: http://www.bloomberg.com/video #Stocks #Markets #Finance #Investing #Podcast #Bloomberg Capital One Sinks, UnitedHealth Drops, Shake Shack Slips on Weak Forecast