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Centene Corp faces investor lawsuits over alleged financial misstatements, causing its stock to plummet.
Centene Corporation is under investigation by securities law firms for potentially misleading investors about its enrollment and morbidity rates.
The company withdrew its 2025 guidance, leading to a 40% drop in its stock price.
Lawsuits allege that Centene made false statements about its financial prospects and enrollment rates.
The Build Back Better Act could also cut Medicaid funding, affecting Centene's revenue, as Medicaid makes up 62% of its revenue.
Law firms are encouraging affected investors with losses over $75,000 to contact them for potential recovery.
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Centene Corp se enfrenta a demandas de inversionistas por supuestas declaraciones financieras erróneas, causando que sus acciones caigan en picado.