White House kills rebate rule aimed at lowering drug prices [Reuters]
The Cigna Group (CI)
Last the cigna group earnings: 4/30 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
cigna.com/about-us/investors
Company Research
Source: Reuters
White House kills rebate rule aimed at lowering drug prices - Reuters 3 Min Read (Reuters) - The Trump administration has withdrawn a rule that it had said would lower drug prices by ending the system of prescription drug after-market discounts called rebates that drugmakers pay to pharmacy benefit managers. Shares of Cigna Corp, the largest U.S. pharmacy benefit manager, were up 13.5 percent in early Thursday trading. The move is a setback for the administration, which first launched the idea of eliminating the “safe harbor” protections for the payments last summer as part of a drug pricing “blueprint” aimed at bringing down costs, an important election issue for President Donald Trump. The rule would have forced healthcare companies like Cigna and CVS Corp to forgo these discounts or pass them onto Medicare patients through their health insurance plans and drug plans. The companies said that would force them to raise monthly premiums. The rule, which was in the process of being fina
Show less
Read more
Impact Snapshot
Event Time:
CI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CI alerts
High impacting The Cigna Group news events
Weekly update
A roundup of the hottest topics
CI
News
- Health Network One Names Heyward Donigan as New CEO [Yahoo! Finance]Yahoo! Finance
- The Cigna Group Affirming Its Capital PrioritiesPR Newswire
- The Cigna Group (NYSE: CI) had its "overweight" rating re-affirmed by analysts at Piper Sandler. They now have a $394.00 price target on the stock, up previously from $392.00.MarketBeat
- The Cigna Group (NYSE: CI) had its price target raised by analysts at Barclays PLC from $405.00 to $420.00. They now have an "overweight" rating on the stock.MarketBeat
- Plate Rolling Machine Industry Report 2024: A $450+ Million Market in 2023 - Opportunities Emerging as Industries Seek Advanced Metalworking Solutions - Global Forecasts 2025-2030 [Yahoo! Finance]Yahoo! Finance
CI
Earnings
- 10/31/24 - Beat
CI
Sec Filings
- 11/12/24 - Form SC
- 10/31/24 - Form 10-Q
- 10/31/24 - Form 8-K
- CI's page on the SEC website