This story originally appeared on Zacks
Clover Health Investments, Corp. (CLOV) closed the most recent trading day at $4.09, moving -0.24% from the previous trading session. This change lagged the S&P 500’s daily gain of 1.02%. Meanwhile, the Dow gained 0.74%, and the Nasdaq, a tech-heavy index, lost 0.38%.
Prior to today’s trading, shares of the company had lost 22.64% over the past month. This has lagged the Medical sector’s gain of 0.37% and the S&P 500’s loss of 0.91% in that time.
Clover Health Investments, Corp. will be looking to display strength as it nears its next earnings release.
It is also important to note the recent changes to analyst estimates for Clover Health Investments, Corp.These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company’s business…