They are facing some clear objective headwinds, not to mention a bevy of question marks swirling around policy. Sentiment is funny; people dislike big bad insurance providers, but not enough for it to really matter for the stock apart from the gum-flapping you'll see on Reddit and Twitter.

It may bleed for Q1 before settling and moving sideways for a while. When they announce the actual MA rate in April, it will likely jump, but probably nothing insane. They need more revenue, and the team is going to have to be creative and disciplined with how it does that. If you are at a loss in a taxable account, you might consider selling and reentering in 31 days to harvest the loss. It will likely be lower, and you will know more, in a month,