Business loss accelerating, stock price tanking, taking on massive debt...don't be surprised when they announce more cuts and slash project funding to nothing.
18 replies (most recent on top)
@ary+1o9IuCTd Yes that's true, BUT losing exclusivity, and instead sharing with 5 companies is a big blow to business no matter what CVS says. What happens is blue shield decides to drop CVS completely altogether in the future?
There's widespread chaos. Folks, DON'T PANIC!!
The PBM is under attack by Amazon and Mark Cuban. Just waiting for the other shoe to fall. The Upper Management has a book club where they read and critiqued Brene Brown’s - Dare to Lead. Nero Fiddled While Rome Burned.
Misinformation or not, this is what is out there
"CVS Health Stock Falls After Insurer Says It Will Drop Caremark, Work With Amazon"
In the midst of all of this chaos there is some positive news. Larry Merlo, who retired with around $100 million in CVS stock, is bored. He is about to became Chairman of Kenvue, the consumer company spun off from Johnson and Johnson.
$64.76 😂😂
BSC is not totally dropping CVS - read the reports - they are going to be working across 5 companies! stop with the misinformation - CIGNA and United are also falling.
Stock has traded 10 million shares so far, Has entered into a triple bottom breakdown at $66, with no support. All of these companies are down. If AMZN and Mark Cuban can get this as a client, they can get others as well,
Blue Shield of California just dropped Caremark.
looking like laid off employees got the good end of the stick. Severence packages and out of a failing company
Wow the whole market is going for a big dump! Not just CVS!
Yes we do get our bonus. Stop spreading misinformation.
Why is it that nearly everyone thinks that 18 billion was wasted except Karen and the board?
Stock is dumping hard news of the CA loss, not enough layoffs is causing panic. Wall Street wants the company dismantled complely
waiting to buy back in at $65. Most everything, including the 1.5 billion dollar loss from getting the 3.5 star and wasting the 18 billion on the two current acquisitions is in the stock at that price.
people who are getting laid off are not receiving any of their bonus $. Looks like people who weren’t laid off won’t get one either.
Absolutely dump stock! Unless Karen decides to sell the company I don't see any silver lining
Time to dump stock?