1347 ET -- CVS Health is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. CVS stock was rising Monday after rival drugstore operator Rite Aid filed for bankruptcy. The prospect of reduced competition from Rite Aid may be only one factor lifting CVS shares. The healthcare company may also be benefiting from blowout earnings from UnitedHealth Group, with the insurer's quarterly results crushing Wall Street's expectations and sending shares across companies in managed care skyward. Dow Jones & Co. owns Factiva. matthew.walker@dowjones.com)

(END) Dow Jones Newswires

October 16, 2023 14:08 ET (18:08 GMT)

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Rite Aid (NYSE:RAD)
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