From 2008 - 2026 the U.S. Stock Market has had an average return of 11.65% PER YEAR. When CVS purchased Aetna, the sell price was $80.71 per share. In 8 YEARS, we (as well as the entire investor community) have had a 0% return on the CVS stock. 0%!! I do not understand AT ALL, why they would keep the CVS name in the health care business company going forward. NOBODY in their right mind wants to invest in any ticker that begins with "CVS". They are complete id--ts for not using this opportunity to rebrand back to Aetna and bring back the AET ticker, so people will feel a little more confident investing in us. Nobody wants to throw their money at a company with a name that basically sounds like "a doomed dr-gstore".
4 replies (most recent on top)
AET retired at $212 a share
Agree. We need to go back to “Aetna” and bring back “AET” in the market. Must detach from CVS name completely. They need to start listening to the employees for once.
@OP it did say that would be the name "in the interim" .. so, it could change
You're treating this as if Joe Main Street is buying this on Fidelity.
CVS stock is mainly a compensation offering for LDs and above. So free money. If it's 50 or 200 a share doesn't matter. It's how many shares they are granted.