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Only a handful of S&P 500 stocks managed to generate gains during the market's historic four-day plunge.
CNC's subsidiary, SilverSummit, secures a five-year Nevada Medicaid contract, reinforcing its foothold in managed care in rural and frontier areas.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
ST. LOUIS , April 10, 2025 /PRNewswire/ -- Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to helping people live healthier lives, announced today that its Nevada subsidiary, SilverSummit Healthplan, Inc. (SilverSummit), has been selected by the Nevada Department of Health and Human Services to provide services for its Medicaid managed care program. For the first time the program will include expansion of Medicaid Managed Care into rural and frontier service areas, communities that were previously fee-for-service.
Investments will help address barriers to medical school, from youth through college, and support the development of today's practicing physicians SACRAMENTO, Calif. , April 10, 2025 /PRNewswire/ -- Health Net, one of California's most experienced Medi-Cal managed care health plans, and the Centene Foundation, the philanthropic arm of Centene Corporation (NYSE: CNC), today announced a partnership investment of more than $9 million to help bolster the future of California's physician workforce in collaboration with multiple not-for-profit organizations.
During the recent market turmoil, three healthcare stocks have performed very well. Those stocks are deeply involved in the health insurance industry.
Investors would do well to monitor broker-friendly stocks like CLF, BTU, CVI, DK and CNC for high returns.
The S&P 500 shed about $2.4 trillion in market cap in yesterday's trading session. Still, stocks like LW, CNC, KR, FSLR and AWK showed strength.
Centene (CNC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
Centene (CNC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.