Shares of Centene Corp (CNC) traded 40% lower on Wednesday after several brokerages lowered their price target on the stock on the heels of the health insurer withdrawing its 2025 financial guidance.

A number of healthcare stocks fell in the afternoon session after several negative developments weighed on the sector.

Shares of Centene ($CNC) plunged 40% on Wednesday after the healthcare insurer unexpectedly pulled its 2025 guidance. The surprise move has raised ...

This conjecture is not overly bullish as well, as similarly observed in UNH's ongoing recovery from the May 2025 P/E bottom ...

S&P Global Ratings is considering whether to reclassify Centene Corp.'s credit ratings to junk, which would strongly impact its borrowing power. Centene, the top seller of ACA health plans, is ...

Centene disclosed bad news to Wall Street. It owns a large coordinated care organization that serves six counties here.

Jefferies downgraded Centene (CNC) to Underperform from Hold with a price target of $52, down from $68. After analysis of Affordable Care Act Exchange data, the firm sees potential for ...

A number of healthcare stocks fell in the afternoon session after several negative developments weighed on the sector.

Centene disclosed bad news to Wall Street. It owns a large coordinated care organization that serves six counties here.

The stock closed Tuesday at $83.22, down $3.67. Centene’s stock had opened trading Tuesday at $85.98 – with a 52-week high of $98.53 and a low in that period of $73.20.