Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Signify Health Jumped 63% in August

TheMotleyFool

0 0

Shares of Signify Health (NYSE: SGFY) soared this month after the company's decision to entertain buyout offers attracted several interested bidders, including CVS Health (NYSE: CVS) and Amazon (NASDAQ: AMZN).

The stock leaped with every report of buyout interest, and finished the month up 63%, according to data from S&P Global Market Intelligence.

As the chart below shows, the stock rallied over the first week of August on reports of a potential sale, and then spiked when it became clear that Amazon was interested in making an offer:

Source Fool.com

Like: 0

SGFY

Share