Apple Drops, UnitedHealth Jumps, 3M Higher After Sales Growth Misses Estimates

On this episode of Stock Movers:

- Apple (AAPL) shares drop after the company announced that Tim Cook will be replaced by John Ternus, with Ternus taking the job in September, and the company implying that he will bring continuity and help preserve Cook's legacy.

- UnitedHealth (UNH) shares jump after the company reported first quarter profit that blew past Wall Street expectations and boosted its outlook for the year, a sign of the health conglomerate’s progress toward rebuilding credibility with investors after a collapse a year ago.

- 3M (MMM) shares  higher after the company reported adjusted organic growth that fell short of the average analyst estimates. 3M organic sales declined 1.4% in the first quarter, while adjusted sales rose 1.2%, short of the 2% growth anticipated on average in analyst estimates.

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