A number of healthcare stocks fell in the afternoon session after several negative developments weighed on the sector.

Centene (CNC) stock and Molina Healthcare (MOH) stock are downgraded at Morgan Stanley after their recent financial updates. Read more here.

Molina's shares drop amid earnings warnings, Medicaid cuts, and cost pressures. Click here to read more about MOH stock and ...

Shares of Centene Corporation (NYSE:CNC – Get Free Report) hit a new 52-week low during trading on Thursday after Bank of America lowered their price target on the stock from $65.00 to $52.00 ...

The significant downgrade comes as UBS revised its earnings per share estimates for Centene, projecting a 55% decline to $3.25 for 2025 and a 45% decline to $4.50 for 2026.

The downgrade reflects concerns about Centene’s ability to navigate the potential repricing process as well as changes related to enhanced Advanced Premium Tax Credits (eAPTCs) and the Centers ...

Centene disclosed bad news to Wall Street. It owns a large coordinated care organization that serves six counties here.

Centene sees enrollments down, costs up, and pulled its full-year guidance. The healthcare provider that focuses on Medicaid and Affordable Care Act coverage expects 2025 adjusted earnings to be ...

(Reuters) -A Texas federal judge dismissed a lawsuit brought by health insurer Humana challenging the U.S. Department of Health and Human Services' reduction in its star ratings for government-funded ...

Centene disclosed bad news to Wall Street. It owns a large coordinated care organization that serves six counties here.

Centene Corporation and its subsidiaries (Centene, the Company, our or we) intends such forward-looking statements to be covered by the safe-harbor provisions for forward-looking statements ...

Investors soured on the sector when Elevance, an insurer, handed in disappointing results and shared a downbeat outlook.