Why Evolent Health, Inc. Is Plunging Today

In response to reporting second-quarter earnings and announcing a common stock offering, shares of Evolent Health (NYSE: EVH), a fast-growing digital health technology company that offers a value-based payment platform, fell 16% as of 11:50 a.m. EDT on Tuesday.

Here's a review of the headline numbers from the company's second quarter:

Here's a look at the guidance that was offered by management:

Source: Fool.com