Why Health Insurance Innovations Dropped 21.9% Today
After short sellers suggested the company is overvalued because of investigations into its marketing practices, questions regarding its licensure, and insider selling, Health Insurance Innovations (NASDAQ: HIIQ) shares lost 21.9% of their value today.
Health Insurance Innovations sells short-term health insurance and hospital indemnity plans online and via third-party distributors.
IMAGE SOURCE: GETTY IMAGES.
Source: Fool.com
