Centene Corporation (NYSE:CNC) is one of the 22 stocks Jim Cramer recently talked about. Cramer expressed a bearish sentiment toward managed care companies, including Centene, and said:
“Today, some of the biggest losers in the market were a handful of managed care companies led by a company called Centene… That stock plunged over 40%. This is the worst single-day performance on record because last night after the close, the company withdrew its full-year forecast…
A doctor holding a clipboard in a hospital ward, discussing patient treatment plan with the nurses.
Centene (NYSE:CNC) provides healthcare services to underserved populations and commercial clients. The company’s operations include Medicaid, Medicare, commercial health plans, clinical services, and administrative support.
