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

1. Pomerantz LLP investigates claims against Centene for potential securities fraud. 2. Centene withdrew its previous 2025 EPS guidance due to market conditions. 3. Health risk assessment in key states is worse than anticipated for Centene. 4. Following this announcement, Centene's stock plummeted 40.37% immediately. 5. Investors are advised to pursue claims through the Pomerantz Firm.

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FAQ

Why Very Bearish?

The significant stock drop of 40.37% indicates a severe loss of investor confidence, similar to other companies facing fraud investigations.

How important is it?

The ongoing investigation and significant stock price decline suggest a high likelihood of continued impact on CNC's market value.

Why Short Term?

Immediate implications due to ongoing investigations could create volatility, similar to past instances like P&Gs case with accounting issues, which impacted prices swiftly.

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UNHANTMHUM
, /PRNewswire/ -- 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 [email protected] 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 LLP[email protected]646-581-9980 ext. 7980 SOURCE Pomerantz LLP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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