Molina Healthcare Stung By Membership Decline, Stocks Sinks 12%
Molina Healthcare (MOH) reported Q2 earnings of $1.51 per share, beating estimates. Shares fell on lower premium revenue and membership.
Molina Healthcare made more money per share than expected, but fewer people are paying for their health plans. That's why the stock went down—it shows the company might have trouble growing in the future.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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