'CVS Takes My Breath Away': More Squawk From Jim Cramer
NEW YORK (TheStreet) -- Shares of CVS Health (CVS) were plummeting by 13% in mid-morning trading on Tuesday, after the company reported mixed financial results for the 2016 third quarter before Tuesday's market open. The Woonsocket, RI-based healthcare company also cut its full-year profit forecast due to slowing prescription growth and network changes in the market.
"CVS takes my breath away," TheStreet's Jim Cramer said on CNBC's "Squawk on the Street" this morning. "The 40 million prescriptions they are losing, 40% is Prime, 40% is Tricare."