Pre-Market Trading Activity: Notable Stock Movements Seen in MATCH, CVS, SEDG

The Match.com website is displayed on an Apple iPhone. Andrew Harrer | Bloomberg | Getty Images Here are the noteworthy companies grabbing attention before the market opens on Wednesday. CVS Health – Shares of the prominent retail pharmacy surged 1.8% in premarket trading following the release of robust second-quarter earnings and revenue. CVS reported earnings …

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SEDG, HUM, SBUX, HOOD, and many others

A Solarpro employee installs a SolarEdge Technologies Inc. inverter at a residential property in Sydney, May 17, 2021. Brendon Thorne | Bloomberg | Getty Images Discover the companies making significant midday moves: SolarEdge Technologies — The solar stock experienced a 19% decline as the company’s reported revenue of $991 million fell short of analysts’ estimates …

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Earnings Report for CVS Health (CVS) in Q2 of 2023

A customer exits a CVS Health Corp. store in Oakland, California, U.S., on Friday, Aug. 2, 2019. Michael Short | Bloomberg | Getty Images CVS Health reported better-than-expected second-quarter earnings and revenue on Wednesday. The company has been implementing a cost-cutting program and reducing its workforce. CVS has been focusing on expanding its health-care services …

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RSV vaccines for older adults are now available at Walgreens.

Respiratory syncytial virus viral vaccine under research. Hailshadow | Istock | Getty Images Walgreens is now offering the respiratory syncytial virus vaccine for older adults nationwide, as announced by the pharmacy chain on Tuesday. Individuals aged 60 and above can easily schedule an appointment this week through Walgreens’ user-friendly app, convenient website, by phone, or …

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CVS Health to cut 5,000 jobs in cost-cutting measures

A CVS Pharmacy in Washington, D.C. is shown in this image. CVS Health is planning to cut 5,000 jobs as part of its efforts to expand its healthcare offerings and reduce costs. This move comes as the company aims to prioritize investments in care delivery and technology. Despite the layoffs, CVS assures that customer-facing roles …

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Democrats urge Walmart, Costco, Kroger to address concerns regarding mifepristone

House Democrats have called on major retail pharmacies, including Walmart, Costco, Kroger, Safeway, and Health Mart, to publicly commit to selling the prescription abortion pill mifepristone at their retail pharmacies. Currently, pending lawsuits have put mifepristone’s approval in the US at risk, even though it is the most common method for terminating pregnancy in the …

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UnitedHealth warns of rising healthcare expenses as health insurance stocks plummet

Health insurer stocks experienced a decline on Wednesday following a warning from UnitedHealth Group about higher medical costs. The company highlighted that older Americans are starting to catch up on surgeries they delayed during the Covid-19 pandemic (source). As a result, UnitedHealth’s shares, the largest U.S. health-care provider by market value, closed around 6% lower, …

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Walmart to Extend Its HIV Outreach Program for Specialized Services

David Rosario, a restaurant owner from New Jersey, remembers the late 1980s with mixed emotions as he achieved his goal of becoming a professional dancer in New York City in a world where many young male friends lost their lives to AIDS, which hit the gay community especially hard. Today, Rosario picks up medication at …

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