Express Scripts Holding Co. (NASDAQ: ESRX) is having an overwhelmingly rough start to the trading session today, and for good reason. The company seems to have lost Anthem as a customer, and that just so happens to be their biggest. As a result, fear took hold in the hearts of investors, sending the stock downward … Read more
Update! Cigna Corporation (CI) is falling back down as ANTM denies reports of trying to save the acquisition. CIGNA Corporation (NYSE:CI) was off to a rough start, trading in the red early on. However, that all changed minutes ago as it was announced that the takeover of the company may be saved. Of course, this … Read more
Anthem (NYSE: ANTM) | CIGNA Corporation (NYSE: CI) Anthem was having a relatively normal day in the market. After starting the day off slightly in the green, the stock fell to the red, climbed to the green, and repeated. However, none of the movement was worth writing home about. That is, until minutes ago when … Read more
Today has been a rough day for the biotech market as a whole. However, in digging through the popular assets in the sector, I found a few notable movements. Here’s they are… Synergy Pharmaceuticals Is Down | Not For Long Synergy Pharmaceuticals Inc (NASDAQ: SGYP) Synergy Pharmaceuticals is having a tough day in the market … Read more
Anthem, Inc. (NYSE: ANTM) | CIGNA Corporation (NYSE: CI) One of the biggest stories in biotech recently has been talks of Anthem acquiring CIGNA. However, today those talks have resulted in a definitive agreement in which Anthem will acquire CIGNA for a total value of $54.2 billion. Today, we’ll discuss the details of the acquisition … Read more
XOMA Stock Starts To Recover XOMA Corp (NASDAQ: XOMA) XOMA had an incredibly rough day in the market yesterday. After announcing that a recent Phase 3 study missed its primary endpoint, the stock fell dramatically; losing more than 70% in a single trading session. However, today, we’re starting to see good news out of the … Read more
CIGNA Corporation (NYSE: CI) Last week, CIGNA Corporation stock started to soar after a rival healthcare company, known as Anthem Inc (NYSE: ANTM) attempted to take over the company with a bid of $47.5 billion. However, today, CI declined the offer; sending the stock even higher. So today, we’ll talk about why the offer was … Read more
While this morning was a bit of a rough start for biotech stocks, it seems as though things are changing rather quickly from red to green. In the space, there are several stocks gaining, but I’ve dug out what are some of the biggest gainers so far today. Here’s the scoop… CIGNA Corporation Climbs On … Read more