Making Sense Of The 40% Bounce In Centene’s Inventory Since Early October

Centene Company (NYSE:CNC) is a full-line managed providers firm which providers each authorities sponsored and personal insurance coverage well being care packages. It’s inventory has rallied almost 40% within the final 2 months primarily attributable to two components:

• Sturdy Q3 outcomes, with a 6% enhance in managed care membership, 17% development in revenues and eight% development in adjusted income year-on-year.
• The announcement of a strategic partnership between Centene, Walgreens and RxAdvance to introduce a brand new mannequin for pharmacy administration that goals to extend transparency and improve buyer expertise.

We step again from these current swings to evaluate Centene Corporation’s efficiency over the previous few years, as a context for what would possibly come subsequent. Our Interactive dashboard- Why has Centene Corporation’s (CNC) stock price rallied by 40% in the last 2 months?, evaluations the close to time period causes and the large image.

The context for the previous few years:

A better look At Centene Corporation’s Complete Revenues over the previous few years and the outlook. 

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