Shares in Molina Healthcare (MOH) surged nearly 4% after investor Michael Burry published a bullish case for the company, comparing it to Warren Buffett’s GEICO bet. Burry believes Molina has significant long-term growth potential, trading at a steep discount, down 40% since the start of the year. Molina’s medical loss ratio is at 95.6%, higher than expected. Burry sees Molina as a “generational buy” if shares drop below $100.

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