- Woodland Hills, Calif., on Dec. 8, 2012;
- Rancho Cordova, Calif., on Dec. 9, 2012; and
- Greater Phoenix area, Ariz., on Dec. 15, 2012.
Health Net (HNT) stock is rising in mid-morning trading on Wednesday after the California Department of Insurance approved Centene's (CNC) acquisition of the company.
The $7.6 billion merger of Health Net and Centene is undergoing a review by the California Department of Insurance, although it has passed other antitrust inspections.
Trade-Ideas LLC identified Health Net (HNT) as a "dead cat bounce" (down big yesterday but up big today) candidate