CVS Health(CVS)
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CVS Health (CVS) Ascends While Market Falls: Some Facts to Note
Zacks Investment Research· 2024-04-19 22:51
CVS Health (CVS) closed the most recent trading day at $69.75, moving +0.52% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 0.88%. Elsewhere, the Dow gained 0.56%, while the tech-heavy Nasdaq lost 2.05%.The drugstore chain and pharmacy benefits manager's stock has dropped by 11.35% in the past month, falling short of the Retail-Wholesale sector's loss of 2.7% and the S&P 500's loss of 2.57%.Analysts and investors alike will be keeping a close eye on the p ...
CVS Health (CVS) Rises As Market Takes a Dip: Key Facts
Zacks Investment Research· 2024-04-18 22:56
CVS Health (CVS) closed the most recent trading day at $69.39, moving +1.15% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 0.22%. At the same time, the Dow added 0.06%, and the tech-heavy Nasdaq lost 0.52%.The the stock of drugstore chain and pharmacy benefits manager has fallen by 13.14% in the past month, lagging the Retail-Wholesale sector's loss of 2.01% and the S&P 500's loss of 1.66%.The investment community will be closely monitoring the performan ...
CVS Health (CVS) Declines More Than Market: Some Information for Investors
Zacks Investment Research· 2024-04-12 22:56
CVS Health (CVS) ended the recent trading session at $68.64, demonstrating a -1.58% swing from the preceding day's closing price. This change lagged the S&P 500's 1.46% loss on the day. Meanwhile, the Dow experienced a drop of 1.24%, and the technology-dominated Nasdaq saw a decrease of 1.63%.Coming into today, shares of the drugstore chain and pharmacy benefits manager had lost 8.74% in the past month. In that same time, the Retail-Wholesale sector gained 2.17%, while the S&P 500 gained 1.6%.The investment ...
CVS Health (CVS) Stock Drops Despite Market Gains: Important Facts to Note
Zacks Investment Research· 2024-04-09 23:06
In the latest market close, CVS Health (CVS) reached $73.36, with a -1.45% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 0.15%. Elsewhere, the Dow saw a downswing of 0.02%, while the tech-heavy Nasdaq appreciated by 0.32%.Shares of the drugstore chain and pharmacy benefits manager have depreciated by 1.98% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 1.12% and the S&P 500's gain of 1.65%.The investment commun ...
Aetna Better Health of Michigan recommended for CHCP contract
Prnewswire· 2024-04-09 16:00
SOUTHFIELD, Mich., April 9, 2024 /PRNewswire/ -- Aetna Better Health of Michigan, a CVS Health® company (NYSE: CVS), has been recommended by the Michigan Department of Health and Human Services to continue serving Medicaid and CHIP beneficiaries under a new Comprehensive Health Care Program (CHCP) contract. Image provided by Aetna, a CVS Health Company. "We're committed to helping improve the health and wellbeing of members, their families and communities in Michigan," said Mark Santos, President, Aetna ...
Many CVS drug plans will cover over-the-counter birth control pill at no cost
CNBC· 2024-04-04 20:10
In this photo illustration, a package of Opill is displayed on March 22, 2024 in San Anselmo, California.CVS Health on Thursday said its drug plans will cover the first over-the-counter birth control pill in the U.S. at no cost for many health plan sponsors, a decision that could open the door for more people to prevent unintended pregnancies without a prescription. The company's pharmacy benefit manager, CVS Caremark, said the pill will be added to its preventive services oral contraceptives list and will ...
CVS Health (CVS) Outperforms Broader Market: What You Need to Know
Zacks Investment Research· 2024-04-03 22:51
The latest trading session saw CVS Health (CVS) ending at $74.60, denoting a +1.06% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a gain of 0.11% for the day. Meanwhile, the Dow experienced a drop of 0.11%, and the technology-dominated Nasdaq saw an increase of 0.23%.Shares of the drugstore chain and pharmacy benefits manager witnessed a gain of 0.15% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 0.04% and underperfo ...
Why CVS Health Stock Could Stage a Rebound
Schaeffers Research· 2024-04-03 18:30
Health insurance stocks slid yesterday, after final Medicare Advantage (MA) payment rates fell below expectations. The news also impacted CVS Health Corp (NYSE:CVS) stock, which staged a 7.2% drop -- its worst daily percentage loss since August. Shares are only modestly higher in today's recovery -- up 0.7% at $74.37 at last glance. For those looking to buy the dip, however, the recent pullback has CVS within one standard deviation of its 200-day moving average, a trendline with historically bullish implica ...
2 Retail Pharmacy Stocks to Watch and One to Avoid Amid Industry Headwinds
Zacks Investment Research· 2024-04-03 13:56
The three-year-long historic public health crisis significantly altered the structure and trend of the Retail - Pharmacies and Drug Stores industry. On a positive note, amid acute supply-chain disruption and staffing shortages within healthcare, the retail pharmacy business witnessed high demand, thanks to the exponentially growing demand for distant medical services and remote patient care. Particularly, mail-order pharmacies registered growth by adopting digital health services in the form of telehealth a ...
Why Shares of UnitedHealth Group, CVS Health, and Humana Fell Today
The Motley Fool· 2024-04-02 23:59
The federal agency that administers the Medicare program just approved a 3.7% payment rate increase. Here's why that's bad for insurance stocks.Shares of several leading health insurance managed care stocks plunged today after the federally run Centers for Medicare and Medicaid Services (CMS) finalized a lower-than-expected 3.7% payment rate increase for the 2025 calendar year. When all was said and done at close of Tuesday's trading, shares of Humana (HUM -13.41%) were down 13.4%, CVS Health (CVS -7.21%) h ...