Previous close | 6.10 |
Open | 5.60 |
Bid | 5.35 |
Ask | 5.55 |
Strike | 60.00 |
Expiry date | 2024-09-20 |
Day's range | 5.15 - 5.60 |
Contract range | N/A |
Volume | |
Open interest | 5.72k |
(Bloomberg) -- CVS Health Corp. is selling bonds less then 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 UkraineJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’The drug-store
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.