CVS Wipes Off Earlier Losses After Reports It May Exit Some Businesses, Cut Jobs

$CVS Health (CVS.US)$ shares gained 0.1%, reversing earlier losses after Reuters reported that the company is exiting its core infusion services and may either close or sell regional pharmacies in the next months.

The company stopped accepting new patients seeking antibotics, medications for muscular health and intravenous services, Reuters reported, citing Shelly Bandit, CVS senior manager of corporate communications.

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