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Kiplinger
Kiplinger
Business
Joey Solitro

Elevance Health Stock Sinks as Medicaid Woes Hit Earnings

Elevance Health Elevance Medicaid Baird ELV UnitedHealth
Elevance Health logo on tablet with blue stock chart blurred in background.

Elevance Health (ELV) stock is one of the worst S&P 500 stocks in Thursday's session. The selloff comes after the health insurance company missed bottom-line expectations for its third quarter and lowered its full-year profit forecast, citing Medicaid uncertainties.

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