Health Net Inc. (HNT) reported a first quarter net loss of $0.32 per share Thursday morning, compared to the loss of $1.16 per share last year. The consensus estimate was for a profit of $0.60 per share.
Health Net gapped open sharply lower Thursday and fell until mid-morning, before settling into a range. The stock closed down by 9.06 at $27.26 on the highest volume of the year. Health Net sank to a 5-month low and dropped below its 200-day moving average.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.