With the stock beaten down as much as it is, do you think there is the possibility that it will attract activist investor interest to demand change?
It happened in 2021 so it seems possible it could happen again. One of the biggest differences is that CNC was valued at roughly $46B in 2021 and now at roughly $13B.
No chance this is going to happen. It feels like people are grasping at straws just for any sort of hope that there will be any C-Suite shakeup.
Where do you get this blind and woefully lost innocence?
I doubt it because we still have the activist investor hedge fund that brought in most of the new board members. Healthcare in general is not attractive for them right now. They would probably gravitate more to United. Although it could be done in theory, if they believe they can secure enough board seats and see a meaningful way to improve operations and profitability quickly. This company is still in the middle of trying to integrate multiple systems so I don't think it would make sense at this point in time.
class action lawsuit
https://rosenlegal.com/case/centene-corporation/#:~:text=A%20class%20action%20lawsuit%20has%20already%20been,Court%20no%20later%20than%20September%208%2C%202025.
Fire CTO, CEO , CFO and CDO
I don’t know how likely this scenario is, it seems soon after the last shakeup. but I think it’s MORE likely than getting purchased at a distressed asset price.