The Traderszone Network

Published in TZ Latest News 29 May, 2015 by The TZ Newswire Staff

Humana’s Possible Sale Sends HMO Shares Higher

The managed care industry group was Friday’s top performer with a 5% gain, thanks to reports that Humana (HUM) is putting itself up for sale with Aetna (AET) and Cigna (CI) as possible buyers. The news crossed the wires about 1:15 p.m. ET, sending shares of managed care companies higher, some to new highs. Humana made the most spectacular intraday move, closing up 20% in huge volume.

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