CVS Health Dives To 3-Year Low On Medicare Cost Surge

posted first-quarter results early Wednesday that badly missed estimates, dragged down by "utilization pressure in the company's Medicare business." CVS stock, a laggard since the middle of last decade, tumbled to a three-year low in early stock market action. CVS also sharply cut its full-year…#medicare #cvs #unitedhealthgroup #unh #humana #eps #medicaid #medicareadvantage

Source: Reuters: Health - May 2, 2024 Category: Consumer Health News Source Type: news