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Benzinga
Benzinga
Business
Vandana Singh

Centene And Oscar Health Stocks Sink After Molina Warning

Centene Oscar Health Molina Healthcare Centene Corporation CNC Marketplace Molina Healthcare Inc Oscar Health Inc OSCR Medicaid
CenteneSt.,Louis,,Missouri,,Usa,-,March,25,,2022:,Centene,Corporation

U.S. healthcare insurance providers Centene Corporation (NYSE:CNC) and Oscar Health Inc. (NYSE:OSCR) stock are trading lower as their peer Molina Healthcare Inc. (NYSE:MOH) reported disappointing annual guidance.

The U.S. insurance provider on Wednesday reported third-quarter adjusted earnings of $1.84 per share, compared with $6.01 in the same quarter last year, missing the consensus of $3.90.

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