Molina Healthcare Surges to 349th in Trading Volume with $289 Million Turnover

Generado por agente de IAAinvest Market Brief
jueves, 15 de mayo de 2025, 7:58 pm ET1 min de lectura
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On May 15, 2025, Molina HealthcareMOH-- (MOH) saw a significant increase in trading volume, with a turnover of $289 million, marking a 58.67% rise from the previous day. This surge placed MOHMOH-- at the 349th position in terms of trading volume for the day. The stock price of MOH rose by 0.75%, marking the second consecutive day of gains, with a total increase of 1.13% over the past two days.

Whittier Trust Co. of Nevada Inc. significantly increased its holdings in Molina Healthcare by 337.0% during the fourth quarter, now owning 201 shares of the company.

Ethic Inc. also boosted its stake in Molina Healthcare by 68.2% in the fourth quarter, reflecting a growing interest in the healthcare sector.

Molina Healthcare faced a challenging day on May 16, 2025, as the stock dipped by more than 1% following a report of a criminal investigation into UnitedHealth Group, a rival health insurer. This news weighed on the broader healthcare sector, with Molina Healthcare experiencing a decline in its stock price.

Despite the recent volatility, Molina Healthcare's premium revenue guidance for the full year 2025 remains unchanged, with expectations of approximately $42 billion, representing a 9% increase from the full year 2024. This guidance suggests a stable outlook for the company's financial performance.

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