TELETRADER News
11/29/2023, 8:19 PM (Source: TeleTrader)
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Humana-0.51%

365.52
Chart for: Humana Inc

Cigna-0.34%

342.24
Chart for: Cigna Corp

Cigna slumps over 8% on merger rumors

The shares of Cigna Group slid over 8% on Wednesday, as The Wall Street Journal's sources claimed the healthcare firm was discussing a possible merger with Humana Inc.

As per sources, the deal could be announced before the end of this year.

Cigna's stock nosedived 8.22% at 2:04 pm ET, to sell for $262.68 apiece. Meanwhile. Humana's shares fell 3.73% a minute later, going for $492.40 apiece.

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