Molina Healthcare (MOH) -20% premarket after reportedly failing to win a role in Ohio's expanded...

|About: Molina Healthcare, Inc. (MOH)|By:, SA News Editor

Molina Healthcare (MOH) -20% premarket after reportedly failing to win a role in Ohio's expanded Medicaid program. Cantor Fitzgerald cuts shares to Hold from Buy, writing "offsetting the loss of more than 20% of its revenue could be difficult, particularly since new markets are initially less profitable." Shares also are downgraded at Susquehanna.