CVS Stock Hits 50-Day SMA on Split Rumors: How Should You Play?
CVSCVS Health(CVS) ZACKS·2024-10-04 00:51

CVS Health (CVS) is mired in controversy these days. The company has been struggling with its performance for a while now, which resulted in a downside in shares. The company is once again in the headlines as it is reportedly considering a strategic restructuring of the business, which includes possible layoffs and potential breakups. More specifically, earlier this week, news surfaced that the company might consider a disintegration of its verticals, which perhaps means divestment/spin-off of its Caremark ...