Coventry Wellness Assist Stock Downward 48%--Sort Of No Surprise

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Title : Coventry Wellness Assist Stock Downward 48%--Sort Of No Surprise
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Coventry Wellness Assist Stock Downward 48%--Sort Of No Surprise

Readers of this weblog volition non move surprised to run into Coventry Health Care's stock downwards 48% this afternoon after its lucre telephone telephone this morning.

That is a 77% driblet from their 52-week high.

Last July I commented on their lucre telephone telephone where senior management used the precise fiscal term "sort of" 63 times to explicate their thus lucre together with operations situation: Required Reading for Health Care Analysts together with Coventry Health's "Sort of" Informative Conference Call

Well, 3 months subsequently they're "sort of" inwards the crapper.

Joe Paduda, over at Managed Care Matters, has been next the Coventry problems to a greater extent than closely than I together with has a release of recent posts on their problems.


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