Centene Stock Plunges Amid Rising Healthcare Costs and Government Cuts
Centene, a major seller of Affordable Care Act plans, has seen its stock value plummet after it withdrew its 2025 guidance due to unexpected increases in benefits usage by ACA enrollees. The company’s stock fell by 40% on Wednesday, its worst single day since going public in 2001. The news from Centene also affected other … Read more