Tag

Guidance Pull

All articles tagged with #guidance pull

Centene Stock Tumbles 40% Amid Sector Concerns and Downgrades

Originally Published 6 months ago — by TipRanks

Shares of Centene (CNC) dropped 40% after the company unexpectedly withdrew its 2025 guidance due to slower ACA plan growth and higher Medicaid costs, leading to analyst downgrades and concerns about its near-term outlook. Despite a moderate buy consensus, the stock faces significant headwinds from risk adjustment shortfalls and regulatory uncertainties.

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Centene Shares Drop 40% Amid Guidance Withdrawal and Medicaid Challenges

Originally Published 6 months ago — by Yahoo Finance

Shares of Centene plummeted over 32% after the company withdrew its 2025 guidance due to poor risk adjustment results and ongoing cost pressures, leading Wall Street to downgrade ratings and cut price targets, highlighting challenges in its ACA exchange and Medicaid segments.

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