Maybe the Apple Inc. (NASDAQ:AAPL) Watch isn't such a dud after all. Despite slow early sales after its April 2015 debut, and little to no impact on AAPL stock, the Apple Watch has been steadily gaining traction in the wearable technology market of late.
Apple Inc. AAPL, +1.09% and insurance company Aetna Inc. AET, +0.06% held talks late last week to bring Apple's fitness-tracking smartwatch to Aetna's 23 million members, according to a report from CNBC on Monday, citing unnamed sources.
Insurer Aetna Inc. (AET) is making Apple Watches available to employees of its largest corporate customers, a source tells TheStreet's Chris Nolter, highlighting the importance of health and fitness to Apple's line of smartwatches.
An institutional shareholder has filed a lawsuit against Aetna Inc., alleging the Hartford-based insurer breached its fiduciary duty by withdrawing from 11 public health insurance exchanges established under the Affordable Care Act.