Centene: A Chaos Stock [Seeking Alpha]
Centene Corporation (CNC)
Last centene corporation earnings: 4/28 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
centene.com/investors.html
Company Research
Source: Seeking Alpha
Pgiam/iStock via Getty ImagesWe believe there are signs of capitulation happening in this market. People are giving up. Stocks are getting smashed. Some of the stocks that are holding up better than others are in healthcare and health insurance. But some stocks thatshould be holding up are getting murdered. Centene (NYSE:CNC) stock has been absolutely crushed. It was down about 25% in the last month. There is panic and fear here and in the broader market. While we like long-term investing and holding good stocks, this has been painful. We actually like the stock in the low $70s for a bounce, and another few sessions of selling and we are compelled to buy. We think it is best played by taking advantage of the high volatility right now in the market and suggest selling out-of-the-money puts for income and/or to define your entry points. Alternatively, we support a buy/write strategy, selling several months out-of-the-money call options to collect the premium. We think this stock rallies
Show less
Read more
Impact Snapshot
Event Time:
CNC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CNC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CNC alerts
High impacting Centene Corporation news events
Weekly update
A roundup of the hottest topics
CNC
News
- Freespira and WellCare of Kentucky Bring Life-Changing Treatment to Panic Disorder and PTSD Sufferers [Yahoo! Finance]Yahoo! Finance
- Molina Healthcare beats profit estimates aided by higher premiums [Reuters]Reuters
- Molina Healthcare beats profit estimates aided by higher premiums [Yahoo! Finance]Yahoo! Finance
- How Should You Play Centene (CNC) Ahead of Q1 Earnings? [Yahoo! Finance]Yahoo! Finance
- Unveiling Centene (CNC) Q1 Outlook: Wall Street Estimates for Key Metrics [Yahoo! Finance]Yahoo! Finance
CNC
Earnings
- 2/6/24 - Beat
CNC
Sec Filings
- 4/3/24 - Form PX14A6G
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- CNC's page on the SEC website