Humana shares drop 7% premarket as Cigna confirms it won't pursue combination with the managed care insurer.

Cigna confirmed it isn't pursuing a combination with Humana. Cigna said that instead that it expects to continue to actively repurchase its shares in the fourth quarter and in 2025 using the majority ...

Cigna said it isn't seeking to buy Humana, bolstering its stock and weighing on the share price of the Medicare-focused company. Cigna spoke out because of ongoing speculation it would strike a deal ...