Why CVS Health Stock Is Tumbling Thursday

Benzinga
Benzinga
  • 9 months ago
CVS Health Corp (NYSE:CVS) shares are trading lower Thursday following reports that Blue Shield of California plans to drop CVS's Caremark as its pharmacy benefit manager.

What To Know: Blue Shield will drop CVS and begin working with Amazon.com Inc (NASDAQ:AMZN) and billionaire entrepreneur Mark Cuban's Cost Plus Drug Company, according to a Wall Street Journal report.

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