Molina Healthcare Inc. (MOH) announced in an SEC filing on Friday that the Ohio Department of Jobs and Family Services notified Molina Healthcare of Ohio Inc. that it had not been selected to participate under the recently issued Ohio Medicaid Managed Care Plan Request for Applications. As a result, its existing contract with the state will expire without renewal on December 31, 2012.
Molina Healthcare gapped open dramatically lower Monday and drifted further during the final 2 hours of the afternoon. Shares finished down by 9.36 at $25.65 on the highest volume of the year. The stock plunged to a 3-month low and fell below its 50-day moving average.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.