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2 Healthcare Stocks in Focus After Merger Talks Break Down
HUMHumana(HUM) Schaeffers Investment Research·2024-11-11 23:55

Shares of Humana Inc (NYSE:HUM) are down 3.7% at $277.38 at last glance, after Cigna Group (NYSE:CI) said it was not pursuing a merger with the smaller health insurance name, and will instead prioritize share buybacks. Cigna stock is on the rise after the news, last seen up 6.7% to trade at $341.04. A Very Ho-Hum Year for HumanaSince the start of the year, Humana stock is underperforming with a 39.4% deficit. The $300 level, which provided support March-April, appears to be moving in as an area of pressure, ...