they said they met all numbers and are in record profits.
Why is the stock down from 100 to 70?
5 replies (most recent on top)
How on earth can you lay off 5000 folks is the most uncaring way possible and Karen says they want to be the employer of choice???? Wall Street see’s Karen the same way CVS employees do. Cvs stock will only revive when Karen is replaced.
But hey we're in the fortune 500 list again and the ceo is the most "powerful" woman in business.
Also a pharmacist push to unionize. The town hall made that situation sound rosy and even said the national news reporting wasn't true, but investors can see right through it.
Dropped some because they lowered guidance on next year’s earnings. Then more recently it dropped because the senate appears to be going after PBM’s. Fear not though the cfo says PBM’s are the only good guys and he has absolutely no incentive to lie.
usually stock price reflects future sentiments of investors...so Wall Street is probably not buying into Karen's "success" stories