The Latest Breaking News from Clover Health Investments

Clover Health (CLOV) has been subject to several lawsuits and federal investigations. Also, the company’s bottom line is in the red. However, CLOV is ramping up its efforts to accelerate its path to profitability. So, should you Buy, Hold or Sell the stock now? Read on to learn my views.

Rising medical requirements and simultaneous soaring medical costs have enhanced the need for healthcare insurance. Given this backdrop, let’s compare health insurance stocks Molina Healthcare (MOH) and Clover Health Investments (CLOV) to discover which of these stocks is a better buy now. Read on….

The raging inflation is expected to increase healthcare expenditure significantly. This, along with heightened health awareness in this post-pandemic era, should drive the demand for health insurance. So, investing in fundamentally strong health insurance stocks, UnitedHealth Group (UNH) and Humana Inc. (HUM), could be wise. On the other hand, Clover…

According to data from Benzinga Pro, during Q1, Clover Health Investments's (NASDAQ:CLOV) reported sales totaled $874.38 million. Despite a 59.77% increase in earnings, the company posted a loss of $75.31 million.