financetom
Business
financetom
/
Business
/
Clover Health Shares Surge After Strong Q1 Earnings, Now Up 409% Over Past Year
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Clover Health Shares Surge After Strong Q1 Earnings, Now Up 409% Over Past Year
May 26, 2025 3:06 AM

Clover Health Investments Corp ( CLOV ) saw its shares jump more than 12.54% to $3.77 on Wednesday by market close, following better-than-expected profitability in the first quarter, despite missing revenue estimates.

What To Know: The Medicare Advantage-focused insurtech company reported quarterly sales of $462.33 million, up 33% year-over-year but below the consensus estimate of $499.56 million.

Membership in its Medicare Advantage plans grew 30% year-over-year to 103,418 members, helping drive improved profitability. Clover reported a GAAP net loss of just $1 million, compared to a $19 million loss a year ago. Adjusted EBITDA rose 279% to $26 million, while adjusted net income climbed 322% to $25 million.

The company credited its tech-driven care model, Clover Assistant, for containing medical costs and improving outcomes. For full-year 2025, Clover now expects insurance revenue between $1.8 billion and $1.875 billion and adjusted profitability of up to $70 million.

Clover shares have now surged 409% over the past year, reflecting renewed investor confidence in the company's approach to Medicare Advantage.

Read Also: Fed Keeps Rates Steady, Warns Of Rising ‘Uncertainty About The Economic Outlook’

How To Buy CLOV Stock

By now you're likely curious about how to participate in the market for Clover Health Investments ( CLOV ), be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

In the case of Clover Health Investments ( CLOV ), which is trading at $3.79 at time of writing, $100 would buy you 26.39 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option or sell a call option at a strike price above where shares are currently trading — either way, it allows you to profit off of the share price decline.

According to data from Benzinga Pro, Clover has a 52-week high of $4.86 and a 52-week low of 79 cents.

Read Next:

• Fed Keeps Rates Steady, Warns Of Rising ‘Uncertainty About The Economic Outlook’

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Mar 22, 2024
(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...
Once a beacon of stability, Vietnam to name third president in a year
Once a beacon of stability, Vietnam to name third president in a year
Mar 22, 2024
HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...
Japan's union group Rengo announces biggest wage hikes on record
Japan's union group Rengo announces biggest wage hikes on record
Mar 22, 2024
TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...
Copyright 2023-2026 - www.financetom.com All Rights Reserved