Why Cigna Stock Popped Today
Shares of Cigna Group (NYSE: CI), the healthcare company, were rising today after the company announced in a press release that it's not pursuing a merger with one of its competitors, Humana.
Cigna's share price was up by 7.7% as of 1:15 p.m. ET.
Cigna stated clearly in its release today that it is "not pursuing a combination with Humana." Investors had been wondering if the two companies might merge, and the recent presidential election spurred additional speculation if a more business-friendly environment might approve such a deal.
Source Fool.com
Cigna Corp. Stock
€234.55
1.180%
With 43 Buy predictions and not a single Sell prediction Cigna Corp. is an absolute favorite of our community.
As a result the target price of 336 € shows a positive potential of 43.25% compared to the current price of 234.55 € for Cigna Corp..
