CVS Health (CVS) Falls 24% in 3 Months: Should You Buy the Dip?

CVS Health (CVS) , the pharmacy retail and PBM powerhouse, has witnessed a substantial 24% decline over the past three months. In fact, during the last trading session, the stock closed at $56.62, which marked a more than 47% plunge from its 52-week high of $83.25 and was quite close to its 52-week low of $52.77.Not only this, the stock is currently trading below its 50-day and 200-day moving averages, indicating the possibility of a further bearish shift in the stock's price.CVS Below 50 & 200 Day SMAImage ...