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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Centene Corporation - CNC

1. Pomerantz LLP is investigating claims against Centene for alleged securities fraud. 2. Centene withdrew its 2025 EPS guidance due to market growth issues. 3. The company reported higher health risks affecting revenue calculations. 4. Centene's stock fell 40.37% following the announcement, closing at $33.78. 5. Investors are encouraged to contact Pomerantz LLP for class action participation.

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FAQ

Why Very Bearish?

The drastic 40% drop in Centene's stock indicates significant loss of investor confidence. Historical instances, such as other health sector firms facing similar issues, often lead to prolonged market recovery challenges.

How important is it?

The investigation and substantial stock price drop highlight serious legal and financial concerns, markedly impacting investor sentiment and actions.

Why Short Term?

The immediate fallout from the earnings guidance withdrawal is likely to be felt quickly. Class action investigations can further delay recovery as the market digests the potential implications.

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UNHAETHUM
NEW YORK, July 06, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Centene Corporation (“Centene” or the “Company”) (NYSE: CNC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Centene and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On July 1, 2025, Centene announced that it “is withdrawing its previous 2025 GAAP and adjusted diluted earnings per share (EPS) guidance, including the underlying guidance elements.” Explaining its decision, Centene said that market growth in 22 states out of the 29 in its marketplace is not meeting expectations, and that the overall health risks in these states are much higher than what Centene had anticipated for its risk adjustment revenue calculations.  On this news, Centene’s stock price fell $22.87 per share, or 40.37%, to close at $33.78 per share on July 2, 2025. The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, London, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:Danielle PeytonPomerantz LLPdpeyton@pomlaw.com646-581-9980 ext. 7980

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