Why Centene (CNC) Stock Is Nosediving
Shares of health coverage company Centene (NYSE:CNC) fell 39.4% in the afternoon session after the company unexpectedly withdrew its full-year 2025 financial guidance, citing significantly higher-than-anticipated costs in its insurance marketplace and Medicaid businesses. The healthcare giant shocked investors by announcing that preliminary data showed a much higher rate of members making claims than was…
