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What's Behind Centene's Disappointing Q1 Update


Coming into this week, Centene Corporation (NYSE: CNC) shareholders had to feel pretty good. Although the stock has more than 30% at one point in March with the overall stock market crash, Centene's shares had rebounded sharply and were up 12% for the year.

But that momentum was put in jeopardy as Centene announced its first-quarter results before the market opened on Tuesday. Here are the highlights from the managed care company's Q1 update.

Image source: Getty Images.

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Source Fool.com

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