CVS Nov 2024 62.500 put
| Previous close | 2.77 |
| Open | 9.25 |
| Bid | 7.85 |
| Ask | 9.55 |
| Strike | 62.50 |
| Expiry date | 2024-11-15 |
| Day's range | 9.09 - 9.25 |
| Contract range | N/A |
| Volume | |
| Open interest | 684 |
- Yahoo Finance Video
CVS stock falls on weak outlook, Q1 miss
Shares of CVS Health (CVS) are falling during Wednesday's trading session after the company revised its full-year guidance downward, citing mounting pressure from rising medical costs. The adjustment to the company's guidance comes on the heels of CVS's weaker-than-expected first quarter results, which missed estimates for both revenue and earnings. Yahoo Finance's Anjalee Khemlani breaks down the report. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
BloombergCVS Plummets as Rising Medical Costs Hit Profit Forecast
(Bloomberg) -- CVS Health Corp. shares tumbled the most in nine years after the company cut its annual earnings outlook for the second quarter in a row, citing increased medical costs in its Medicare insurance business.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesFed to Signal Delay of Interest-Rate CutsLilly Soars as Forecast Boost Shows Weight-Loss Drugs’ PowerAmazon Posts Biggest Cloud Sales G
Barrons.comCVS Stock Is Sinking. Earnings Missed as Medicare Costs Took a Big Bite.
CVS cut its guidance for full-year earnings per share to at least $7, down from a prior forecast of $8.30.
