Elevance Health Declines; Verint Systems Possible Acquisition; Apple Upgrade
On this episode of Stock Movers:- Elevance Health (ELV) is the biggest downside mover this morning after Centene Corp. (CNC) pulled its 2025 guidance due to insurance market trends that differed from its assumptions, threatening $1.8 billion in revenue. Both shares are diving lower. Centene also reported a "step up" in Medicaid costs, which it expects will increase a key measure of medical expenses in the second quarter.- Verint Systems (VRNT) is higher in the premarket as buyout firm Thoma Bravo is in talks to acquire Verint Systems Inc., a maker of call center software, according to people…
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