Signify Health stock surges 39% on reports Amazon is bidding for the company
Summary
The New York Stock Exchange welcomes Signify Health (NYSE: SGFY), today, Thursday, February 11, 2021, in celebration of its IPO. To honor the occasion, Kyle Armbrester, CEO, joined by John Tuttle, NYSE Vice Chairman and Chief Commercial Officer, rings The Opening Bell®. Amazon, CVS and UnitedHealth Group are competing to acquire Signify, The Wall Street Journal and Bloomberg reported Sunday, citing people familiar with the matter. Signify, which provides technology to help with in-home care, has a market cap of roughly $4.97 billion. UnitedHealth has submitted the highest bid for Signify, in excess of $30 a share, while Amazons offer is close behind, Bloomberg reported.
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