What to Like (and Dislike) About Clover Health's Q1 Results
There has been a dark cloud hovering over Clover Health Investments (NASDAQ: CLOV) since a short-seller made several allegations against the Medicare insurance technology company in February. Those allegations sparked a wave of class action lawsuits. Shares of Clover Health have plunged more than 50% year to date.
Clover announced its first-quarter results before the market opened on Monday. While there was some good news, it wasn't enough to serve as a major catalyst for the health insurance stock: Shares rose around 1% in early trading. Here are the highlights of Clover Health's Q1 update.
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Source Fool.com
