Previous close | 4.0700 |
Open | 3.4500 |
Bid | 3.7000 |
Ask | 3.8000 |
Strike | 60.00 |
Expiry date | 2024-05-17 |
Day's range | 3.0000 - 3.8000 |
Contract range | N/A |
Volume | |
Open interest | 737 |
(Bloomberg) -- CVS Health Corp. is selling $5 billion worth of bonds less than a week after shares plunged the most since 2009 on a downbeat quarterly report and cut 2024 outlook, joining a bevy of firms hitting the debt market following earnings season.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortHigh-Tech Trading Firms Race to Grab Bond Market TurfRussians Are Coming to Terms With Putin’s War in UkraineApple Revamps iPads With AI-Focused Pro Model, Bigger Ai
DDD, ASO and CVS have been added to the Zacks Rank #5 (Strong Sell) List on May 6, 2024.
Shares in the drug chain and health insurer lost 19% after missing earnings and slashing guidance. The culprit: Costs for its Medicare Advantage plans.