Centene Stock Rises 29% in a Year: Evaluating the Road Ahead
Centene(CNC) ZACKS·2024-09-03 02:05
Shares of Centene Corporation (CNC) have risen 28.7% in the past year compared with the industry's 20.8% growth. The Medical sector and the S&P 500 composite index grew 11.5% and 24.9%, respectively, in the same time frame. With a market capitalization of $41.5 billion, the average volume of shares traded in the past three months was 3.7 million. Centene remains well-poised for growth on the back of a sound membership base, Medicaid contract wins, growing Marketplace business and expanding cash reserves. Th ...