Why Did Molina Healthcare's Shares Fall Over 19% In After-Hours Trading? - Molina Healthcare (NYSE:MOH)

Why Molina Healthcare Stock Dived by Almost 18% Today

Key PointsIt missed badly on the bottom line in its third quarter.Compounding that, it also reduced its guidance for adjusted, full-year profitability.10 stocks we like better than Molina Healthcare › Managed care company Molina Healthcare (NYSE: MOH) had a Thursday to forget on the stock market. Its shares suffered a more than 17% sell-off as investors digested its latest quarterly earnings report. That decline went against the general trend of…

Molina down with health insurers after guidance cut (MOH:NYSE)

Molina Healthcare (MOH) stock drops 20% after Q3 earnings miss and guidance cut, sending its peers in health insurance industry also lower. Read more here.

Molina sinks on earnings miss and guidance cut, drags down peers Centene and Oscar

One of the factors driving the underperformance was its Affordable Care Act plans, which were used at higher rates than expected, Molina said....

Why Did Molina Healthcare's Shares Fall Over 19% In After-Hours Trading? - Molina Healthcare (NYSE:MOH)

Molina Healthcare Inc. (NYSE:MOH) shares are trending on Thursday. Check out the current price of MOH stock here. MOH fell 19.34% to $157.39 in after-hours trading on Wednesday after the company posted its third-quarter earnings. Q3 Results Show Year-Over-Year Decline The California-based company reported third-quarter generally accepted accounting principles (GAAP) earnings of $1.51 per diluted share, down from $5.65 a year earlier. Adjusted ea…