Centene Corporation (CNC) has been a subject of rigorous shareholder activity with companies like Hosking Partners LLP, TCW Group Inc., and Illinois Municipal Retirement Fund, among others, selling significant amounts of shares. However, Alberta Investment Management Corp and Bonfire Financial have gained new holdings in Centene. Key corporate developments include appointment of Kenneth Y. Tanji onto the Centene's board, promotion of the first president over Individual Coverage Health Reimbursement Arrangements (ICHRA) business, and an undisclosed partnership with Superior HealthPlan for the 'No One Eats Alone Day'. There seems to be concerns about higher Medicaid costs affecting Centene's share price. However, Centene’s Q4 2024 performance showcased strong EPS and revenue growth. The company's stock hit a 52-week low twice signaling a potential dip due to market regualrity, but ended positively with shares increasing due to membership growth, and premium and service sales.
Centene Corporation CNC News Analytics from Fri, 26 Apr 2024 07:00:00 GMT to Sat, 01 Mar 2025 12:06:46 GMT -
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