Centene Faces Sharp Decline Amid Policy Uncertainty
"and then shares of US healthcare insurers and hospitals falling today. Um so lawmakers they're drawing closer to you know ending the government shutdown but it looks like that's going to be without securing an extension of US or affordable care act subsidies. And so this is really hitting shares of stocks like um Centine Corp, CNC, it's down 8.4% right now. Worst day since July."
— Carmen Reini
The segment points out a significant drop for Centene, with shares down 8.4% amid concerns that while a government shutdown may be ending, the lack of extended Affordable Care Act subsidies is negatively impacting the stock.
Target:N/A
Horizon:Immediate
Company CommentaryBearish
Medium ConvictionScore: 7.5
Regulatory Insight •Stock Movers • Nov 10, 2025
Centene Corporation - $CNC
"CNC: Shares crushed 40% in 1 day after $1.8B risk-adjustment hit (-$2.75 EPS). Trades at 4.7x EV/FCF with 5yr avg FCF of $4B. Health insurance sector labeled 'uninvestable' amid high costs & Trump's $1T Medicaid cuts. Still strong balance sheet w/ 14% ROE & 5.2% investment yield. Management has $2.23B left in buyback program (14.7% of shares). Einhorn, Nygren & Ainslie bought in 60s pre-crash."
— Waterboy Stocks
Entry:$29.07
Target:$60.00
Horizon:Medium-term
Trade Callneutral
Medium Conviction
Stock Idea •Waterboy Stocks • Jul 17, 2025