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WellCare Health WCG (news,
chart,
quote) - WCG options suggest risk; shares down 58%
WCG announced the U.S. Department of Justice is investigation a number of whistle-blower complaints against the company. WCG, a managed healthcare service provider, is recently down $11.28 to $8.59. WCG December 7.5 straddle is priced at $6.40 according to Track Data, suggesting larger price movement.
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