Cigna Bets on Getting Bigger as Rising Costs Vex Health Business [Bloomberg Business News]
The Cigna Group (CI)
Last the cigna group earnings: 4/30 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
cigna.com/about-us/investors
Company Research
Source: Bloomberg Business News
Under pressure to tame ever-increasing health-care costs, the companies that help millions of Americans manage their medical care are wagering that they can be stronger and simpler by joining forces. Cigna Corp. ’s proposed $54 billion acquisition of Express Scripts Holding Co. , announced on Thursday, is the latest sign that the medical supply chain -- where multiple companies are responsible for different aspects of care -- has become too cumbersome. Health-care spending is inexorably rising, accounting for an estimated 18 percent of the U.S. economy last year. Critics such as billionaire Warren Buffett, who has called soaring health costs a “tapeworm” sapping the country’s strength, view the complexity of the system and its large number of middlemen as a culprit. Insurers, drug-benefit managers, drug distributors, pharmacies, and large medical groups currently all get a cut of the profits from caring for patients. Bringing more of those businesses un
Show less
Read more
Impact Snapshot
Event Time:
CI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CI alerts
High impacting The Cigna Group news events
Weekly update
A roundup of the hottest topics
CI
News
- The Cigna Group Declares Quarterly DividendPR Newswire
- The Operations Council Recently Appointed Board of AdvisorsPR Web
- The Cigna Group Announces Appearance at the BofA Securities 2024 Health Care ConferencePR Newswire
- Here's Why Cigna (CI) is a Strong Momentum Stock [Yahoo! Finance]Yahoo! Finance
- The Cigna Group Foundation Announces New Grant Program To Address Youth Mental Health CrisisPR Newswire
CI
Earnings
- 2/2/24 - Miss
CI
Sec Filings
- 4/12/24 - Form DEFA14A
- 4/11/24 - Form PX14A6G
- 4/5/24 - Form DEFA14A
- CI's page on the SEC website