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These Were the S&P 500’s Best and Worst Stocks in July - Barron's

1. Centene dropped 53% in July due to withdrawing guidance. 2. Lower membership growth and high illness rates caused concerns. 3. A surprise quarterly loss further decreased Centene's stock value. 4. Healthcare stocks faced significant declines amid disappointing earnings. 5. Molina Healthcare also struggled, falling 47% under similar pressures.

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FAQ

Why Very Bearish?

Centene's significant drop follows poor earnings and guidance revisions, reminiscent of past downturns.

How important is it?

The article highlights significant declines in Centene's stock due to specific company challenges.

Why Short Term?

The immediate decline in stock price is due to recent financial performance; recovery may take longer.

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