Why CVS Health (CVS) Stock Is Falling Today
Update: 2025-10-30
Description
CVS Health stock took a hit after revealing a $5.7 billion impairment charge, primarily due to the reduced value of Oak Street Health, a primary care group they acquired last year. Despite strong quarterly results and a record revenue of $102.9 billion, the impairment led to a loss of $3.13 per share and forced the company to lower its full-year outlook. The market reacted sharply, but CVS Health stock has been volatile, with a dozen days of more than 5% price swings in the past year. Despite today's setback, the stock has climbed over 73% this year and is close to its highest level in the last twelve months. Investors are now watching to see how CVS handles recent acquisitions and manages future growth.
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