Centene shares surged over 10% after posting a surprise profit in the third quarter, with adjusted earnings per share of $0.50 and revenue of $49.69 billion. Demand for Medicare plans and higher Medicaid premiums contributed to the positive results. The company raised its full-year adjusted EPS outlook to at least $2. CEO Sarah London highlighted the progress made against near-term milestones. Despite gains, shares have lost 40% of their value in 2025.

Read more at Yahoo Finance: Insurer Centene’s Unexpected Profit Sends Its Stock Soaring