Aetna Healthy After Q3 Report

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Aetna IncAET
shares are trading higher by $4.40 at $115.51 in Thursday's session. The catalyst for the rally is a Q3 EPS beat of $0.13 on slightly lower revenues. The Street has not placed much emphasis on lowered guidance for the full year ($7.45-7.55 vs. Est. $7.53). After a flat open, it declined to $110.68 before embarking on a huge rally. So far, it has reached $116 and is not far from that level. The current high coincides with its October 13 high ($115.98).
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