3 Key Ways the COVID-19 Pandemic Boosted CVS Health's Q1 Results
Let's take a short trip back in time to mid-March. The stock market is crashing with rising fears about the COVID-19 pandemic. Nearly every stock is getting hammered. Shares of CVS Health (NYSE: CVS) are down more than 30%.
Now, let's return to the present. CVS Health reported its first-quarter results before the market opened on Wednesday. As it turned out, there wasn't much for the healthcare giant's shareholders to fear after all, at least for the impact of the COVID-19 pandemic on CVS Health's business. Instead, the company actually benefited from the coronavirus outbreak. Here are three key ways the COVID-19 pandemic boosted CVS Health's Q1 results.
Image source: CVS Health.
Source Fool.com
