Clover Health Investments, Corp. · Healthcare · Healthcare Plans
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Last
$2.10
−$0.05 (−2.56%) 4:00 PM ET
After hours$2.09
−$0.01 (−0.24%) 5:40 PM ET
Prev closePrevC$2.15
OpenOpen$2.04
Day highHigh$2.25
Day lowLow$2.03
VolumeVol9,078,750
Avg volAvgVol6,383,236
On chart
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Mkt cap
$1.08B
P/E ratio
-19.05
FY Revenue
$1.77B
EPS
-0.11
Gross Margin
42.49%
Sector
Healthcare
AI report sections
MIXED
CLOV
Clover Health Investments, Corp.
No AI report section text found yet for this symbol.
$638 Bn Insurtech Market, 2035 - Collaborations Between Traditional Insurers and Insurtech Startups are Fueling Innovations and Expansion
The global insurtech market is projected to grow from $14 billion in 2026 to $638 billion by 2035, at a CAGR of 41.45%. Growth is driven by AI, blockchain, cloud computing, and machine learning technologies, with collaborations between traditional insurers and startups accelerating innovation. North America leads the market, while Asia is expected to grow faster. Health insurance, managed services, and cloud computing segments dominate, with healthcare sector showing highest future growth potential.
Listed as a leading company in the competitive landscape of the rapidly growing insurtech market with projected 41.45% CAGR through 2035, indicating strong industry tailwinds and market opportunity.
NeutralInvesting.com• Timothy Fries
Fiserv Stock Collapses 30% as Weak Q3 Results Trigger Major Strategic Overhaul
Fiserv reported disappointing Q3 earnings, with revenue and earnings missing analyst expectations, leading to a 30% stock collapse and a comprehensive strategic restructuring including leadership changes and reduced financial guidance.
Mentioned as part of Fiserv's strategic small business platform development
NegativeBenzinga• Chris Katje
SPAC King Chamath Palihapitiya Tells Retail Investors To Stay Away From His New SPAC
Chamath Palihapitiya launched a new SPAC called American Exceptionalism Acquisition Corp, but is advising retail investors to avoid it due to high risk and complex investment structure. He emphasized that 98.7% of the SPAC was allocated to institutional investors.
Healthcare AI Market Explodes 38.5% Annually as Diagnostics Gain FDA Traction
The global AI in healthcare market is projected to reach nearly $700 billion by 2034, growing at 38.5% annually. Companies are developing advanced AI diagnostic technologies targeting areas like diabetic retinopathy, cardiac screening, and chronic disease management, with increasing FDA approvals and commercial potential.
Released clinical data showing AI-powered technology improves COPD patient outcomes with reduced hospitalizations
PositiveBenzinga• Prnewswire
New Advances in Healthcare AI Could Unlock Billions in Market Opportunity
The healthcare AI market is projected to surge at a 30% compound annual growth rate through 2030, driven by increased investment across hospitals, insurers, and pharma. Companies like Avant Technologies, Amesite, Oracle, Clover Health, and Alphabet are making advancements in AI-powered healthcare solutions.
The company's Counterpart Assistant platform is partnering with Alphabet's Google Cloud to enhance clinical workflows, reduce administrative burdens, and support better outcomes in value-based care.
PositiveBenzinga• Prnewswire
New Advances in Healthcare AI Could Unlock Billions in Market Opportunity
The healthcare AI market is projected to surge at a 30% compound annual growth rate through 2030, driven by new investments across hospitals, insurers, and pharma. Companies like Avant Technologies, Amesite, Oracle, Clover Health, and Alphabet are making advancements in AI-powered healthcare solutions.
Clover Health's Counterpart Assistant platform is partnering with Alphabet's Google Cloud to integrate AI-powered search capabilities, aiming to streamline clinical workflows and reduce administrative burdens for physicians.
PositiveGlobeNewswire Inc.• N/A
Clover Health Announces Changes to Board of Directors
Clover Health announced that Lee A. Shapiro will not stand for re-election to the Board of Directors, and Thomas L. Tran will become Chairman of the Audit Committee and the Nominating and Corporate Governance Committee.
CLOVClover HealthBoard of DirectorsAudit CommitteeNominating and Corporate Governance Committee
Sentiment note
The article highlights positive changes in Clover Health's Board of Directors, with Thomas L. Tran taking on expanded leadership roles, indicating the company's commitment to strong governance and oversight.
NegativeThe Motley Fool• The Motley Fool
Hindenburg Research Issued a Scathing Short Report on Super Micro Computer. This Is What Happened to 3 Other Big Stocks It Targeted.
Hindenburg Research, a notable short-seller, has targeted several high-profile stocks with scathing reports, leading to significant stock price declines. The article examines the impact of Hindenburg's reports on Clover Health, DraftKings, and Block, and discusses the potential risks and biases associated with short-seller reports.
The article states that Clover Health's stock has crashed by approximately 80% since Hindenburg's short-seller report, and the company continues to struggle with profitability and a thin gross profit margin.
UnknownGlobeNewswire Inc.• Clover Health Investments, Corp.
Clover Health Regains Compliance with NASDAQ Minimum Bid Price Requirement
FRANKLIN, Tenn., June 26, 2024 (GLOBE NEWSWIRE) -- Clover Health Investments, Corp. (NASDAQ: CLOV) (“Clover,” “Clover Health” or the “Company”), a physician enablement technology company committed to bringing access to great healthcare to everyone on Medicare, today announced that it has received formal notice from The Nasdaq Stock Market, LLC ("Nasdaq") stating that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1).
CLOVHealthMajor shareholder announcements
UnknownBenzinga• Adam Eckert
Clover Health Stock Is Surging After The Close: What's Going On?
Clover Health Investments Corp (NASDAQ:CLOV) shares are trading higher in Thursday’s after-hours session following insider buying from the company’s co-founder.
What Happened: After the market close on Thursday, Clover Health filed a Form 4 with the SEC showing that co-founder and executive chair Vivek Garipalli purchased 877,567 shares of Clover Health stock at an average price of $1.14 per share.
The shares were bought on June 17 in multiple transactions at prices ranging from $1.08 to $1.17. ...Full story available on Benzinga.com
UnknownGlobeNewswire Inc.• Clover Health Investments, Corp.
CMS Improves Star Ratings to 3.5 Stars for Clover Health PPO Medicare Advantage Plans for 2025 Payment Year
The Company previously communicated that CMS had calculated a rating of 3.0 Stars for its PPO plans, impacting payment year 2025. As a result of a recent rating recalculation, CMS has improved that rating to 3.5 Stars for 2025 payment year The Company previously communicated that CMS had calculated a rating of 3.0 Stars for its PPO plans, impacting payment year 2025. As a result of a recent rating recalculation, CMS has improved that rating to 3.5 Stars for 2025 payment year
CLOVMajor shareholder announcements
UnknownZacks Investment Research• Zacks Equity Research
Clover Health Investments (CLOV) delivered earnings and revenue surprises of 28.57% and 9.75%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
CLOVSENS
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