Why Cigna Group Stock Dived Today
Monday wasn't a very good day for health insurers, and if a day's not good for health insurers you can bet Cigna Group (NYSE: CI) stock took it on the chin.
The blow came from the highest levels of government, spooking investors and driving down the stock prices of numerous healthcare-institution stocks. Cigna's share price eroded by more than 5%, on a day when the S 500 index rose by over 3.2%.
Big Healthcare as an industry was hit from two directions on Monday. The first blow came from President Trump, who in signing a new executive order denounced the pharmacy benefit managers (PBMs) that negotiate drug prices for insurers and other healthcare institutions.
Source Fool.com
Cigna Corp. Aktie
282,55 €
-0,41 %
Die Community liebt Cigna Corp.: Nur Buy-Einschätzungen, keine Sell-Einschätzungen.
Ein Kursziel von 359 € für Cigna Corp. würde eine Steigerung von mehr als 20% gegenüber dem aktuellen Kurs von 282.55 € bedeuten.
