NEW YORK, NY / ACCESS Newswire / July 3, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Centene Corporation ("Centene Corporation") (NYSE:CNC) concerning possible violations of federal securities laws.
Seeking Alpha published a report on Centene on July 2, 2025. According to the report, Centene stock "traded lower on Wednesday after the company withdrew its 2025 earnings guidance, citing a higher-than-anticipated cost trend attributed to its Medicaid enrollees and an unexpected underperformance in its Affordable Care Act plans business." The Company claimed that its "Medicaid business has experienced a step-up in medical cost trend in the same areas previously identified by the Company: behavioral health, home health, and high-cost drugs."
Following this news, Centene stock fell over 39% during intraday trading on the same day. To obtain additional information, go to:
https://zlk.com/pslra-1/centene-corporation-lawsuit-submission-form?prid=155524&wire=1&utm_campaign=41
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
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