Top Stock Movers Now: Cigna, VF Corp., Kenvue, Boeing, and More

Key Takeaways

• Major U.S. indexes were lower at midday Monday as the market geared up for a key week of corporate earnings.
• Cigna shares slumped, while Humana shares rose following a report the two are once again in merger discussions.
• Kenvue shares surged on reports activist investor Starboard Value has taken a large stake in the Tylenol and Band-Aid maker.

Major U.S. indexes were lower at midday Monday as the market geared up for a key week of corporate earnings. The Dow, S&P 500, and Nasdaq all dropped.

Cigna (CI) shares declined following a report the insurer has resumed negotiations to purchase Humana (HUM) after negotiations fell apart last year. Humana shares gained.

Shares of VF Corporation (VFC) tumbled after JPMorgan placed the apparel company on its “Negative Catalyst Watch” list, pointing to "wholesale challenges" and “ongoing traffic headwinds.” 

Walt Disney (DIS) shares fell as the entertainment giant announced CEO Bob Iger’s replacement would be named in early 2026. 

Kenvue (KVUE) was the best-performing stock in the S&P 500 on reports activist investor Starboard Value has taken a large stake in the company behind consumer health brands including Tylenol and Band-Aid.

Shares of Boeing (BA) rose as the plane maker struck a deal with the union representing its machinists to end a five-week long strike.

Fortinet (FTNT) shares jumped after Morgan Stanley called the cybersecurity firm a “Top Pick,” as the bank anticipates a rebound in demand for firewalls to block hackers. 

Oil futures rose and gold prices hit another record high. The yield on the 10-year Treasury note advanced. The dollar was up on the euro, pound, and yen. Most major cryptocurrencies traded lower.

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