Add healthcare investors to the list of victims of that Texas judge's idiotic ruling against Obamacare [Los Angeles Times (CA)]
Molina Healthcare Inc (MOH)
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Source: Los Angeles Times
Add healthcare investors to the list of victims of that Texas judge's idiotic ruling against Obamacare The potential victims of the widely ridiculed ruling by U.S. District Judge Reed O’Connor of Texas against the Affordable Care Act number in the millions — possibly about 160 million protected by one or another of the law’s medical-related provisions. Legal experts say those people won’t necessarily feel the effect of the ruling for months, if not years — and that’s assuming it’s upheld by higher courts, which the experts consider unlikely. (Here’s a concise rundown of how off-kilter the ruling is, by Abbe Gluck of Yale Law School.) But there’s a whole different class of people who already are feeling the impact. They’re investors in shares of healthcare companies dependent on the continued operation of the Affordable Care Act. Many of those stocks took major hits after trading opened Monday morning. The worst blow may have been sustained by Molina Healthcare, a Long Beach health ins
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News
- Molina Healthcare, Inc. (NYSE:MOH) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Molina Healthcare, Inc. (NYSE: MOH) had its price target lowered by analysts at TD Cowen from $453.00 to $412.00. They now have a "buy" rating on the stock.MarketBeat
- Molina Healthcare, Inc. (NYSE: MOH) had its price target lowered by analysts at Wells Fargo & Company from $410.00 to $375.00. They now have an "equal weight" rating on the stock.MarketBeat
- Molina Healthcare, Inc. Just Recorded A 5.3% Revenue Beat: Here's What Analysts Think [Yahoo! Finance]Yahoo! Finance
- Molina Healthcare (MOH) Q1 Earnings Beat on Growing Membership [Yahoo! Finance]Yahoo! Finance
MOH
Earnings
- 4/24/24 - Beat
MOH
Sec Filings
- 5/3/24 - Form 8-K
- 4/25/24 - Form 10-Q
- 4/24/24 - Form 8-K
- MOH's page on the SEC website