Cigna tells investors it's stopped pursuing merger with Louisville-based Humana
Last December, the two companies failed to agree on a price as Cigna pursued the purchase of the Louisville-based company. The merger would have created a $140 billion giant in the health insurance industry. The Wall Street Journal previously reported Cigna will instead focus on a smaller acquisition.
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These Stocks Moved the Most Today: Tesla, DJT, Coinbase, MARA, Cigna, Humana, AbbVie, Super Micro, and MoreCigna was up 7.3% after the health insurer said it wouldn’t be “pursuing a combination” with Humana. “The Cigna Group ...
LOUISVILLE, Ky. — The Cigna group announced on Monday they would no longer be pursuing a merger with their Louisville-based ...
Community Health said Humana intentionally withheld reimbursement for outpatient prescription drugs provided to Humana’s ...
Humana's stock has fallen over 30% due to rising healthcare utilization and CMS pushing back on insurer profits, impacting MA ...
Humana (HUM – Research Report), the Healthcare sector company, was revisited by a Wall Street analyst on November 7. Analyst Whit Mayo ...
The show starts by highlighting notable company updates and stock reactions for several top stocks, including Cigna (CI), ...
Health-care companies declined as concerns about AbbVie and Humana weighed. Shares of AbbVie plunged, losing more than 12% of their value after the drugmaker said participants in two mid-stage ...
Since the start of the year, Humana stock is underperforming with a 39.4% deficit. The $300 level, which provided support ...
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