CVS shares plunge 13% after surprise plan to split company
Published . Updated .
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CVS Health said today it will split in two, separating its retail pharmacies from the Aetna insurance business and pharmacy-benefit operations in a major unwinding of the $117 billion healthcare conglomerate it spent years building.
Directly affected
- CVS Cvs Health-0.7% 30d
Named in this report.
Indirectly affected
- XLY Consumer Discretionary Select Sector SPDR+5.7% 30d
Consumer Discretionary Select Sector SPDR holds the consumer sector that CVS Health belongs to, so it often moves with news about it.
- AMZN Amazon.com+0.5% 30d
Amazon.com is a large consumer company like CVS Health; big names in a sector often move together.
- ULTA Ulta Beauty+16.7% 30d
Ulta Beauty is a large consumer company like CVS Health; big names in a sector often move together.
- CPNG Coupang+6.7% 30d
Coupang is a large consumer company like CVS Health; big names in a sector often move together.
- CDW Cdw-0.4% 30d
Cdw is a large consumer company like CVS Health; big names in a sector often move together.
- W Wayfair
Wayfair is a large consumer company like CVS Health; big names in a sector often move together.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| CVS | -1.68% | -1.33% | base | -11.65% | after close | after close | after close |
| XLY | -1.73% | -1.67% | base | +4.48% | after close | after close | after close |
| AMZN | +1.58% | -4.14% | base | +6.91% | after close | after close | after close |
| ULTA | -2.50% | +0.84% | base | +4.03% | after close | after close | after close |
| CPNG | -7.34% | -5.77% | base | +12.43% | after close | after close | after close |
| CDW | +8.88% | +2.90% | base | +13.71% | after close | after close | after close |
| W | +2.45% | +4.14% | base | +10.21% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
CVS shares plunge 13% after surprise plan to split company Honolulu Star-Advertiser
Source: Honolulu Star-Advertiser
This story
| Company | When | Move | Status |
|---|---|---|---|
| AMZN | that day | +6.91% | still updating |
| AMZN | three days earlier | -4.14% | final price |
| AMZN | five days earlier | +1.58% | final price |
| CDW | that day | +13.71% | still updating |
| CDW | three days earlier | +2.90% | final price |
| CDW | five days earlier | +8.88% | final price |
| CPNG | that day | +12.43% | still updating |
| CPNG | three days earlier | -5.77% | final price |
| CPNG | five days earlier | -7.34% | final price |
| CVS | that day | -11.65% | still updating |
| CVS | three days earlier | -1.33% | final price |
| CVS | five days earlier | -1.68% | final price |
| ULTA | that day | +4.03% | still updating |
| ULTA | three days earlier | +0.84% | final price |
| ULTA | five days earlier | -2.50% | final price |
| W | that day | +10.21% | still updating |
| W | three days earlier | +4.14% | final price |
| W | five days earlier | +2.45% | final price |
| XLY | that day | +4.48% | still updating |
| XLY | three days earlier | -1.67% | final price |
| XLY | five days earlier | -1.73% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Rohit Khanna sold Cvs Health (CVS) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 61 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Cvs Health (CVS) (held by a spouse), worth $1,001 - $15,000 on 24 Aug 2026. That is 72 days before publication. Filed 4 Sep 2026. View the filing.
- Rep. Pete Sessions sold Amazon Com (AMZN), worth $15,001 - $50,000 on 27 Oct 2026. That is 8 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Amazon Com (AMZN) (held by a spouse), worth $100,001 - $250,000 on 2 Oct 2026. That is 33 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Amazon Com (AMZN) (held by a spouse), worth $1,001 - $15,000 on 28 Aug 2026. That is 68 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Coupang (CPNG), worth $15,001 - $50,000 on 28 Aug 2026. That is 68 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Coupang (CPNG), worth $1,001 - $15,000 on 10 Aug 2026. That is 86 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold CDW, worth $500,001 - $1,000,000 on 21 Aug 2026. That is 75 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought CDW, worth $1,001 - $15,000 on 19 Aug 2026. That is 77 days before publication. Filed 10 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
How solid “CVS shares plunge 13% after surprise plan to split company” looks
12 out of 100Price not final
“CVS shares plunge 13% after surprise plan to split company” scores 12 out of 100. The score uses 1 sources. The price is not final yet.