Glenview is reportedly planning an activist stance, pushing for operational changes at
CVS Health Corporation. Meanwhile,
CVS has garnered investor attention, with its stock increasing by 4.36% on Sep 27. However, the US Federal Trade Commission has filed a lawsuit against
CVS Health and other Pharmacy Benefit Managers for allegedly inflating insulin prices. Furthermore, Bragar Eagel & Squire, P.C. is currently investigating
CVS. On the positive side, the
CVS Health Corporation has announced a quarterly dividend and is implementing support measures for the approaching Hurricane Helene. Despite these initiatives, the companyβs financial trajectory has experienced some turbulence; the
CVS Health Corporation cut its 2024 forecast a third time, influenced by health insurance struggles. Concurrently, a class action lawsuit has been initiated against
CVS Health.
CVS has announced operational improvements, including the release of Well Marketβ’ and the opening of two new Workforce Innovation Talent Centers, yet the company's 2024 guidance is revised down, causing the shares to fall by 18%. Following these events, CVS investors have been encouraged to join a fraud investigation against the
CVS Health Corporation.
Cvs Health Corporation CVS News Analytics from Tue, 05 Dec 2023 08:00:00 GMT to Mon, 30 Sep 2024 00:09:54 GMT -
Rating -3
- Innovation -5
- Information 6
- Rumor -5