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-0.00126285405015335 -0.00108244632870278 -0.0032473389861086 -0.00270611582175715 -0.00306693126465803 -0.00306693126465803 -0.00306693126465803 -0.00306693126465803
Stock impact report

Why The Pennant Group (PNTG) Shares Are Plunging Today [Yahoo! Finance]

The Pennant Group, Inc. (PNTG) 
Last the pennant group, inc. earnings: 3/4 04:22 pm Check Earnings Report
Company Research Source: Yahoo! Finance
and Medicaid Services (CMS) to raise Medicare Advantage payments by less than expected in 2027 sent a chill through the healthcare sector. The CMS proposed a payment increase of just 0.09% for the upcoming year, which was significantly below the 4% to 6% bump the industry had anticipated. This disappointing outlook triggered a broad sell-off across health insurer stocks. For instance, shares of major players like UnitedHealth Group, Humana, and CVS Health tumbled on the news. The Pennant Group's stock appeared to have been caught in this sector-wide downturn, as the proposed rate change raised concerns among investors about future profitability for companies reliant on Medicare payments. 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 The Pennant Group? Access our full analysis report here, it's free The Pennant Group's shares are not very volatile and have only had 8 moves greater than 5% Show less Read more
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