Another day watching the stock tank. The street must be catching wind of what turmoil exists internally with employees and no clear strategy/leadership. I was Riff'd about 2 weeks ago and know many great employees that took the ERP. Louisville can be considered a "big city" but it's more of a "big community". Word spreads fast when there's this much dissatisfaction. So unfortunate for a company that had promise and a purpose, (not financially driven) many years ago.
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Humana (amongst a few other companies) stock fell in the afternoon session after the U.S. Commerce Department initiated a national security investigation into medical equipment and devices…
https://www.tradingview.com/news/stockstory:d04793366094b:0-clover-health-goodrx-cardinal-health-mckesson-and-humana-shares-plummet-what-you-need-to-know/
@bp Exactly! If Humana thinks conservatives won’t cancel them, they better think again! The guy that posted that despicable meme really did a number on their corporate image. But hey, JR isn’t conservative, he’s a hippy!
Major head winds for Humana from external and internal factors. It will be very difficult to turn around. Industry lost favor. Company culture turned toxic. System bringing out people's worst!! This is not good news for those staying. HUM dropped 37% in 5 years, dropped 48% in two years!! Hope you did not invest in Humana stock in your 401K.
I wonder why....and Humana hasn't fired the dude... https://x.com/DC_Draino/status/1968774768066236706?s=19
Based on market analysis, Humana's stock (HUM) has experienced a significant decline of roughly 50% from its 52-week high in mid-2024. This sharp drop is primarily attributed to a major downgrade in its Medicare Advantage plan quality ratings in late 2024, which threatens billions in bonus revenue for 2026. I mean employees who 20 years and their nest egg 100% invested with human worth less than a year ago. Pension was replaced by 401k and there will be few winners and many losers….. Corporate Ponzi Scheme.