Health
Centene Shares Dive After Settlement Helps Profit Beat
A Centene Corp. logo.
Photographer: Jaque/SOPA/AP Images
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Centene Corp. shares fell sharply after the insurer reported a fourth-quarter profit beat that was aided by a settlement related to payments for patients insured though Obamacare plans.
The shares fell as much as 7.5% at the New York market open, the most intraday since October.