Macy’s Potential Dole Out

Attention Traders: It’s Monday and our Lead Technical Tactician Nate Bear is giving you his weekly stocks to watch. Click the image below to see what his favorite tickers are this week.

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Good morning Wake-Up Watchlisters! While you’re sippin coffee you’ll see stock futures were flat on Monday. The lack of movement comes before a week packed with a crucial inflation update and the Federal Reserve’s last policy decision of the year. The data could set the tone for stocks heading into 2024.

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Here’s a look at the top-moving stocks this morning.

The Cigna Group (NYSE: CI)

The Cigna Group is up 12.06% premarket after hiking its stock buyback by $10 billion on Sunday. The health insurer also ended talks to buy Humana after the two couldn’t agree on a price or terms. Cigna plans to buy back at least $5 billion worth of shares by June 30, 2024.

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