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Jim Cramer On Centene's 40% Crash: Fewer ACA Signups, Sicker Patients, Pulled Guidance And Major Earnings Hit Trigger Selloff: 'This Is Horrifying'
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Jim Cramer On Centene's 40% Crash: Fewer ACA Signups, Sicker Patients, Pulled Guidance And Major Earnings Hit Trigger Selloff: 'This Is Horrifying'
Shares of managed care provider Centene Corp. (NYSE:CNC) dropped over 40% on Wednesday, marking the worst single-day performance in the company's history. Check out the current price of CNC stock here. What Happened: On CNBC’s Mad Money, Jim Cramer referred to the collapse as “a huge hit,”…
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