Centene Corporation (NYSE: CNC) plunged 30.71% in pre-market trading on Wednesday, 2nd July 2025, slipping to $39.25 from the previous session’s close of $56.65 after withdrawing 2025 earnings outlook.
Centene Corporation (CNC) is withdrawing its previous 2025 GAAP and adjusted diluted earnings per share guidance. This includes the underlying guidance elements. Centene Corporation expects to take corrective pricing actions for 2026 in states representing a substantial majority of its Marketplace membership.