Cigna up on Anthem deal talk; Under Armour's strong gains; SanDisk spikes
Time for your daily dose of trending tickers, the stocks you're following based on your Yahoo Finance ticker searches.
Cigna
Cigna (CI) rose on a possible takeover deal. According to multiple reports, Cigna is near a deal to be bought by rival health insurer Anthem for more than $48 billion. That's about $187 a share. Anthem's (ANTM) stock slightly howered around the flat line. Health insurance companies have been rushing to consolidate since the passing of the Affordable care act.
SanDisk
SanDisk (SNDK) spiked after posting better-than-expected quarterly results. The flash-memory chips maker nearly doubled the Street's very weak estimates. But still reported a big drop in both profit and sales for its second quarter. SanDisk benefited from the introduction of new products and growing demand for smartphones.
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Under Armour
Under Armour (UA) gained in the session. The athletic apparel maker beat quarterly estimates by $0.02 at $0.07 a share, with revenue also well above forecasts at $784 million. Under Armour said connecting with star athletes like Steph Curry powered the demand for its brand.