Why Elevance Health (ELV) Shares Are Sliding Today
Shares of health insurance provider Elevance Health (NYSE:EVH) fell 9.9% in the afternoon session after peer, Centene pulled its full-year financial guidance, triggering a sector-wide sell-off. Centene cited that market growth was “lower than expected” and the number of people making claims was much higher than forecast. This news has sparked fears among investors that…