Humana Inc. (NYSE: HUM) experienced a significant drop in its stock price, which has raised concerns among investors and analysts. The company's poor performance in the market was attributed to challenges in its Medicare Advantage business, where there has been an 'unprecedented' increase in medical care usage by older adults. Humana's earnings release, which indicated that America's seniors are likely to maintain their elevated use of the medical system throughout the year, led to a broader sell-off in the stocks of insurance giants. Additionally, Humana revised its earnings per share (EPS) guidance downward from $29 to $16, further unsettling the market. This revision and the overall situation have caused fear among holders of peer companies' stocks due to rising cost concerns. In response to the volatility and near-term uncertainties, UBS downgraded Humana's stock from buy to neutral, and negative comments from Cantor Fitzgerald and Deutsche Bank contributed to the negative sentiment.
You just have to love when we not only end the week with another inflow but also the biggest one so far in 2024 for the @AdvisorShares $MSOS ETF! There were 1,200,000 share creates valued at $10,968,000 🤩 Here are the changes made to the holdings for January 26, 2024 💰… https://t.co/Y7iFdUtrnu https://t.co/OcCX6KsuC0
Dan ended the week with a few more buys today for the @AdvisorShares psychedelics🍄 ETF and here are the changes that he made to the $PSIL holdings for January 26, 2024. 😊💚🥂 $CMND 20,000 $SEEL 30,000 $NRXP 70,000 https://t.co/wY2DYRWaDm https://t.co/OfYqo6UAOo
RECAP 1/26 +Pos Comments: $SNAP + Josh Brown $TAL + CFRA RECAP 1/26 -Neg Comments: $HUM - Cantor Fitz Live Breaking trading news https://t.co/yChRCoaR8v
RECAP 1/26 Chatter: $SAVE + No basis for $JBLU termination $CCL - Red Sea Impact $CSCO - Vulnerability re-hash $CRBP + ADC Data $MOR + Betaville $BA - $UAL Airbus $UPST + Somethine new at NADA $JCI + HVAC Asset sale $DYN + T/O Interest $ABNB + Adding Currency Fees Live Breaking…
Hey guys! So i did a pretty robust deep dive into what's going on with Humana, Medicare Advantage, and overall utilization. + Why the pendulum is swinging back into the provider's court. Would appreciate a read and your thoughts!! https://t.co/4D8YdiQ3fi
Enrollment in Medicare Advantage plans has grown substantially in the past few decades. So too have concerns about the insurers’ aggressive sales tactics and misleading coverage claims. https://t.co/zpfOhf0Rr1
Pre market live technical analysis January 26 At 9am https://t.co/QGzLqPJrum
Upgrades 1/26: $AAL $ASR $BFH $COIN $CTRA $HCAT $PAC $SNAP $VERA . Downgrades 1/26: $ADM $AMTB $DOW $EGLE $EGO $EXPI $FBMS $GOL $HUM $IHG $INTC $KRTX $KTB $LPG $NOC $RRC $STM $SWN $TSLA $USB . +Initiations 1/26: $CATX $SDGR $STCE $STRW $ZKH . -Initiations 1/26:
$HUM UBS downgrades Humana to neutral from buy UBS said in its downgrade of the health insurance company that Humana shares are too volatile right now. “Given the volatility in the company’s near-term results and management’s own commentary suggesting an extended time frame for…
#Downgrades - Jan 26, 2024 $ADM: UBS Downgrades to Neutral from Buy - PT $51 (from $104) $AMTB: Piper Sandler Downgrades to Neutral from Overweight - PT $25 $CTRA: Susquehanna Upgrades to Positive from Neutral - PT $30 (from $31) $EGLE: Stifel Downgrades to Hold from Buy - PT…
#Upgrades - Jan 26, 2024 $AAL: Seaport Global Securities Upgrades to Buy from Neutral $AAL: TD Cowen Upgrades to Outperform from Market Perform - PT $21 (from $14) $ASR: Goldman Sachs Upgrades to Buy from Sell - PT $326 (from $274) $BFH: Oppenheimer Upgrades to Outperform from…
Day 5 in a row of inflows for the @AdvisorShares $MSOS ETF! There were 500,000 share creates valued at $4,575,000 and here are the changes made to the holdings for January 25, 2024 💰 position $432.10K vs ($40.58K) Current NAV $9.15 Have an awesome night #MSOGang! 😊💚🥂… https://t.co/t43RnaF8bH https://t.co/SBaJCYT1YM
Dan made a few buys today for the @AdvisorShares psychedelics🍄 ETF and here are the changes that he made to the $PSIL holdings for January 25, 2024. 😊💚🥂 $GBNH 10,000 $SEEL 15,000 $NRXP 37,669 https://t.co/MuVxVW9sb3 https://t.co/wHe9tFged8
This morning 🌄 our group discussed Humana $HUM EPS guidance at $16, down from $29 Imagine how scared holders of all the peers are right now with rising cost concerns...
This morning 🌄 our group discussed Humana $HUM EPS guidance at $16, down from $29 Imagine how scared holders of all the peers are right now with rising coat concerns...
RECAP 1/25 -Neg Comments: $HUM - DB $BTG - CIBC $TU - Veritas $VLO - CFRA $LU - BofA Live Breaking trading news https://t.co/yChRCoaR8v
RECAP 1/25 +Pos Comments: $LVS + CFRA $TGI + BofA $CYBR + OTR $LVS + CFRA $NTES + China Merchants $RDCM + Needham $UMC + HSBC Live Breaking trading news https://t.co/yChRCoaR8v
Heard on the Street: America’s seniors are going to keep up their elevated use of the medical system throughout the year. That message from Humana’s earnings release sent stocks of insurance giants sliding. https://t.co/AL4X8dyZz3
Humana’s Medicare Advantage business is faring even worse than the company let on last week, with “unprecedented” numbers of older adults getting medical care. https://t.co/JEqat36954
Humana’s $HUM bad day in the market, provides yet another truth bomb about health insurance. To get prices under control, we need a boost in the supply of health CARE. Listen: https://t.co/kbOzi9WLt5
$HUM puking today. 🤮 Not close to the space. Just a managed care tourist looking for a quick education: - Is this company-specific or the canary in the coal mine? The rest of the industry looks flattish over the past year, while $HUM (red line) craters. - Looks like $HUM… https://t.co/QxI7pz0yWk