Centene stock slides as 2026 profit view beats estimates but revenue forecast falls short
Centene Corp shares dropped 5.7% to $37.64 in Friday afternoon trade, having earlier hit a session low of $35.31. The move comes as investors sift through the insurer’s updated 2026 outlook. Molina Healthcare slid roughly 28%, dragging on the rest of the U.S. managed-care sector.