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0 -0.000974421437271599 0.00316686967113265 0.00365408038976854 0.0019488428745432 0.00438489646772228 0.0115712545676003 0.0287454323995128
Stock impact report

Why Centene (CNC) Shares Are Trading Lower Today [Yahoo! Finance]

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: Yahoo! Finance
a much lower-than-expected payment rate increase for 2027 Medicare Advantage plans. The agency outlined a proposal to raise payment rates by a mere 0.09%, which was significantly below the 4% to 6% increase that analysts and the industry had anticipated. This unexpectedly small bump raised concerns about the future profitability for government-sponsored health plan providers. The news triggered a broad sell-off across the health insurance sector, affecting other major insurers as well. The proposal also included potential restrictions on insurers' coding practices, which added to the negative market reaction. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Centene? Access our full analysis report here, it's free Centene's shares are very volatile and have had 21 moves greater than 5% over the last year. But moves this big are rare even for Centene and indicate this news significantly impac Show less Read more
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