CVS Health Corp.’s stock has experienced its worst month in decades, with shares heading towards a 12-year closing low on Tuesday. The slump is attributed to recent comments from Donald Trump and Elizabeth Warren, who have criticized the drug seller’s role as a “middleman.”
The criticism from both parties suggests CVS may not have any strong allies in the current political landscape. Trump’s remarks imply that CVS might be seen as profiting from the healthcare system, while Warren has argued that the company could play a more pivotal role in addressing health disparities.
This renewed scrutiny on CVS highlights the growing discussion of healthcare reform and its impact on the pharmaceutical industry. As the debate rages on, investors and policymakers are left to navigate the complexities of this critical issue.
Source: https://www.marketwatch.com/story/cvss-stock-seeing-worst-month-in-decades-as-drug-seller-gets-criticism-from-both-parties-a1a85d78