Centene Corporation ($CNC) shares plunge 19.36% after-hours to $45.68 following guidance withdrawal

Centene Corporation (NYSE: CNC) shares are down 19.36% in after-hours trading, dropping to $45.68 following withdrawal of full year 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.

The stock closed the regular session at $56.65 on Tuesday, July 1, 2025. During the day, CNC opened at $54.32 and fluctuated between $54.23 and $57.46, with a total trading volume of 8.12 million shares.