Molina Healthcare: Rebound or Just a Bumpy Ride?

Markets & Money Today | 2 Min News - A podcast by The Daily News Now! - Saturdays

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Molina Healthcare stock rebounds slightly after a disastrous earnings report triggered a massive sell-off, but is this just a blip? Shares jumped 3.3% after weeks of decline, yet remain down 37% year-to-date and half their peak value from last September. We dissect the factors behind the volatility, including rising medical costs, lowered profit forecasts, and a volatile health insurance market influenced by Berkshire Hathaway's recent investment in UnitedHealth Group. Is Molina a buy, or are there more bumps ahead? Hosted on Acast. See acast.com/privacy for more information.