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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.

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Source Fool.com

Cigna Corp. Stock

€242.00
1.040%
Cigna Corp. gained 1.040% today.
The stock is an absolute favorite of our community with 32 Buy predictions and no Sell predictions.
With a target price of 288 € there is a slightly positive potential of 19.01% for Cigna Corp. compared to the current price of 242.0 €.
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