Cigna’s Weak Q4: Time to Sell, Hold, or Double Down?
Explaining Cigna's troubles in Q4 and their consequences for investors
Not so long ago I published “Why Cigna (CI) May Have Hit Rock Bottom: A Case for Rebound Potential”, a post with Cigna’s analysis. The current one explains what happened and my view about what to do now.
What happened
Cigna released its Q4 earnings on Jan 30 and the stock promptly went down almost 10% initially. Towards the end of the day, it partially recovered losing “only” 7%. Typically it would mean another round of political turbulence in regards to the US healthcare - but not this time. It was a pure insurance failure!