Clover Health Investments Corp (CLOV)

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Why is Clover Health Investments Corp (CLOV) Stock down?

We've noticed a 6.54% decline in Clover Health Investments Corp (CLOV) stock during the 2024-04-30 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!

07 Nov, 2023:

Clover Health Investments Corp (CLOV) dropped by 18.19% from $1.13 to $0.9245 in the trading on Tuesday November 7, 2023. The reason why CLOV stock down today is due to its third-quarter financial results. Clover Health reported third-quarter revenue of $482.07 million, which missed the consensus estimate of $494.6 million. The company reported an adjusted EBITDA loss of $5.1 million, improved from a loss of $55.5 million year-over-year.