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Even the biggest took some big bites

Collectively, the 100 local companies with the biggest market caps lost $108B in market value over the last year. The decline in Comcast Corp. shares accounted for one-quarter of that.

NYSE: CI

Employees: 30,300

Market cap: $6.05 billion

1-year change: down 46.9 percent

As one of the nation's biggest health insurers, Cigna is more than an interested observer in whatever changes the Obama administration and Congress make to the nation's health-care system. Some experts speculate that the big health plans will have to get bigger in order to invest in the technology and talent needed to cope with the new realities. Cigna covers about 12 million people.

 


Contact Mike Armstrong at 215-854-2980 or marmstrong@ phillynews.com. See his blog at www.phillyinc.biz and Philadelphia Business Today webcast at www.philly.com/philly/business.

 

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