why are cvs shares dropping?
18477
Once again, there isn't any company-specific news that can explain the big drop. That means that the most likely cause of the decline is the general market sell-off that is linked to the continued spread of the coronavirus.
774589
During the three years that the share price fell, eClerx Services's earnings per share (EPS) dropped by 16% each year. ... So it's likely that the EPS decline has disappointed the market, leaving investors hesitant to buy. The less favorable sentiment is reflected in its current P/E ratio of 8.07.
1014431
MYM Nutraceuticals Inc (MYMMF) Stock Market info Currently there seems to be a trend where stocks in the Healthcare sector(s) are not very popular in this period. Our Ai stock analyst implies that there will be a negative trend in the future and the MYMMF shares are not a good investment for making money.
1045907
“The prices of the stock has come down recently due to the Coronavirus-related development in the stock market across all sectors including all Banks which resulted in margin call, and at this stage I decided to sell the stock to entirely square the ESOP Loans. ... I have no other loans other than a home loan,” V.
453133
Shares of United Natural Foods (NASDAQ:UNFI) tumbled today after an otherwise strong earnings report wasn't enough to justify the stock's monster gains during the pandemic (shares were up nearly 200% before today's sell-off).
1289818
Mednax Stock Is Falling Because UnitedHealth Is Ending Contracts. Shares of Mednax, the medical outsourcing network of specialist physicians, dropped sharply Thursday morning after the company disclosed in an earnings release that UnitedHealth Group was canceling its contracts with Mednax in four states.
997653
Shares of Britain-based drug company GlaxoSmithKline (NYSE:GSK) dropped 12.4% in February, according to data provided by S&P Global Market Intelligence. Coronavirus fears were responsible for some of the drop, but not all. The company also reported quarterly earnings that didn't please investors.
190508
The reduction is explained largely by losses on the disposal of assets from the “Bad Bank” and what RBS quaintly describe as “income attrition”. The shares dropped like a stone on the news, down 8% in early trade.
1048554
Why Kohl's Stock Is Trading Lower Today Kohl's (NYSE: KSS) shares are trading lower on Wednesday after UBS downgraded the stock from Neutral to Sell and lowered the price target from $17.50 to $14 per share. ... The stock has a 52-week high of $59.28 and a 52-week low of $10.89.
113721
XPO Logistics and other transports have been hit hard by the spread of the novel coronavirus, which has brought global economic activity almost to a halt and lowered shipping volumes. But today's sell-off stands out because XPO shares were down on a day when rivals including C.H.
880693
What happened. Shares of Britain-based drug company GlaxoSmithKline (NYSE:GSK) dropped 12.4% in February, according to data provided by S&P Global Market Intelligence. Coronavirus fears were responsible for some of the drop, but not all. The company also reported quarterly earnings that didn't please investors.
1385103
Shares of II-VI (NASDAQ: IIVI) have plunged today, down by 12% as of noon EDT, after broader markets tanked due to ongoing fears around the novel coronavirus outbreak. The COVID-19 respiratory illness continues to spread around the world, with economic risks mounting for companies across sectors.
291759
Shares of Starbucks (NASDAQ:SBUX) declined on Thursday after the global coffeehouse chain warned investors that COVID-19 could dent its sales by as much as $3.2 billion in the fiscal third quarter. As of 3:13 p.m. EDT, Starbucks stock was down more than 7%.
397216
Walgreens Boots Alliance stock has had an awful run—and the pain just keeps on coming. After notching the worst performance in the Dow Jones Industrial Average in 2019, the stock dropped more than 5% on Wednesday after the company reported fiscal first-quarter earnings that were lower than investor expectations.
1183939
Shares of Kraft Heinz (NASDAQ:KHC) were sliding again today after the packaged food giant issued a disappointing fourth-quarter earnings report, showing that management was still struggling to turn the business around. As of 2:01 p.m. EST, the stock was down 7%.
1444751
Shares of McCormick (NYSE:MKC) were going bad today after the spice specialist turned in weaker-than-expected fourth-quarter results and issued an underwhelming outlook for 2019. As a result, the normally reliable stock was down 11.6% at 10:59 a.m. EST.
493076
The input cost to the company is not coming down, which implies that company profits will be hugely impacted. Also the demand is mellowed down, which means that sales also may be impacted. It is these apprehensions that are driving the shares of HEG down.