Shares of health insurance stocks are trading lower in sympathy with Elevance Health, which reported a Q3 earnings miss and issued soft FY24 guidance.
Portfolio Pulse from Benzinga Newsdesk
Health insurance stocks are experiencing a decline following Elevance Health's Q3 earnings miss and weak FY24 guidance.
October 17, 2024 | 12:38 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Cigna's stock is trading lower in sympathy with Elevance Health's earnings miss and guidance.
Cigna's stock is affected by the overall negative sentiment in the health insurance sector due to Elevance Health's poor earnings report.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Centene's stock is trading lower in sympathy with Elevance Health's earnings miss and guidance.
Centene's stock is impacted by the negative sentiment in the health insurance sector following Elevance Health's earnings miss.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Elevance Health reported a Q3 earnings miss and issued soft FY24 guidance, leading to a decline in its stock price.
Elevance Health's earnings miss and soft guidance directly impact its stock price negatively, as investors react to the disappointing financial performance and outlook.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Humana's stock is trading lower in sympathy with Elevance Health's earnings miss and guidance.
Humana's stock is affected by the negative sentiment in the health insurance sector due to Elevance Health's disappointing earnings report.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Molina Healthcare's stock is trading lower in sympathy with Elevance Health's earnings miss and guidance.
Molina Healthcare's stock is impacted by the overall negative sentiment in the health insurance sector following Elevance Health's earnings miss.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50