--- title: "U.S. stock market midday update: Molina Healthcare down 11.68%, with pressure from Medicare cost concerns and policy worries suppressing stock price" type: "News" locale: "en" url: "https://longbridge.com/en/news/293639928.md" description: "Molina Healthcare fell 11.68%; UnitedHealth fell 2.16%, with a transaction volume of USD 587 million; Centene fell 2.87%, with a transaction volume of USD 951.1 million; Humana fell 0.97%, with a transaction volume of USD 850.6 million; Elevance Health fell 2.54%, with a market value of USD 82.3 billion" datetime: "2026-07-23T15:22:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293639928.md) - [en](https://longbridge.com/en/news/293639928.md) - [zh-HK](https://longbridge.com/zh-HK/news/293639928.md) --- # U.S. stock market midday update: Molina Healthcare down 11.68%, with pressure from Medicare cost concerns and policy worries suppressing stock price **U.S. Stock Market Midday Update** Molina Healthcare fell 11.68%. Based on recent news, 1. On July 23, Molina Healthcare's Obamacare market business faced pressure in the second quarter as more enrollees required expensive medical services, leading to a 9.3% drop in stock price. The company expects to lose $1.50 per share due to the new Florida Medicaid contract and $1 per share due to plans to exit Medicare Advantage this year. 2. On July 23, Molina Healthcare reported adjusted earnings per share of $1.51 for the second quarter, exceeding analysts' expectations of $1.39, but quarterly revenue fell 4.9% year-over-year to $10.87 billion. Nevertheless, the company's full-year premium revenue expectation remains unchanged at $42 billion. 3. On July 23, analysts expressed concerns about Molina Healthcare's Medicaid business outlook, noting that tight state budgets, new work requirements, and more frequent eligibility checks could lead to increased member attrition. Analysts expect the company's annual adjusted earnings per share to reach at least $5.25. The Medicare industry faces cost pressures and policy changes. **Top Stocks by Industry Trading Volume** UnitedHealth fell 2.16%. Based on recent news, 1. On July 20, UnitedHealth reported better-than-expected second-quarter results and raised its full-year earnings guidance. Adjusted earnings per share were $6.38, exceeding analysts' expectations of $4.86, with revenue of $112.03 billion, surpassing Wall Street's expectations of $110.83 billion. This news drove the stock price up by 0.6%. 2. On July 21, Morgan Stanley raised UnitedHealth's target price from $468 to $529, maintaining an "Overweight" rating. This move reflects market confidence in the company's future performance. 3. On July 22, Bernstein analyst Lance Wilkes maintained a "Buy" rating on UnitedHealth and set a target price of $512. The analyst's positive assessment further boosted market confidence. Recently, the healthcare industry has performed strongly, supported by macroeconomic data that bolsters market confidence. Cigna fell 2.87%. Based on recent news, 1. On July 22, growing concerns about the overall economic outlook led to increased risk aversion among investors. The demand for inverse ETFs like ProShares Trust Short S&P 500 New increased, reflecting market uncertainty about the future economy, which negatively impacted the stock prices of companies like Cigna. 2. Recently, speculation in micro-cap stocks has increased, leading to higher overall market volatility. Cigna, as part of this segment, has been affected by market sentiment, resulting in a decline in stock price 3. Due to market divergence on future economic prospects, some investors have chosen to sell stocks and shift towards more conservative investment strategies. This change in capital flow has also put pressure on Kangxi's stock price. There is a divergence in the market regarding future economic prospects, leading to increased volatility. HUMANA fell by 0.97%. Based on recent news, 1. On July 22, the company projected that second-quarter revenue would exceed $20.2 billion, up from $18.6 billion in the same period last year. Despite facing challenges, the adjusted ACA subsidies are expected to reshape the profit outlook for the entire hospital industry, prompting analysts to actively adjust their valuation models. This news boosted market confidence but also raised concerns about future profitability, leading to stock price volatility. 2. No other significant news recently. Industry adjustments have intensified market volatility. **Stocks ranked at the top of the industry by market capitalization** Elevance Health fell by 2.54%. Based on recent news, 1. On July 20, Sequoia Strategy Composite disclosed in its second-quarter report that it had reduced its investment in Elevance Health. This move led to a decline in market confidence in the stock, resulting in a drop in its price. 2. On July 23, doubts arose in the market regarding Elevance Health's future growth potential, prompting some investors to sell stocks, further exacerbating the price decline. 3. Recent uncertainties in the macroeconomic environment have increased risk-averse sentiment among investors, leading to capital flowing out of high-risk assets, which has affected Elevance Health's stock performance. 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