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Why Did Molina Healthcare's Shares Fall Over 19% In After-Hours Trading? - Molina Healthcare (NYSE:MOH)

Molina Healthcare Inc. (NYSE:MOH) shares are trending on Thursday.Check out the current price of MOH stock here.MOH fell 19.34% to 157.39inafterhourstradingonWednesdayafterthecompanyposteditsthirdquarterearnings.Q3ResultsShowYearOverYearDeclineTheCaliforniabasedcompanyreportedthirdquartergenerallyacceptedaccountingprinciples(GAAP)earningsof157.39 in after-hours trading on Wednesday after the company posted its third-quarter earnings.Q3 Results Show Year-Over-Year DeclineThe California-based company reported third-quarter generally accepted accounting principles (GAAP) earnings of 1.51 per diluted share, down from 5.65ayearearlier.Adjustedearningscameinat5.65 a year earlier. Adjusted earnings came in at 1.84 per share, compared with $6.01 in the same ...