Categories: Stock Market News

Alignment Healthcare shares climb 13% on membership development


Investing.com — Shares of Alignment Healthcare rose by 13% following the announcement of a 35% year-on-year improve in well being plan membership.

As of January 1, the Medicare Benefit firm reported that membership had grown to roughly 209,900.

Trying forward, Alignment Healthcare tasks that its well being plan membership will attain between 225,000 and 231,000 by December 31, 2025. This forecast aligns with the corporate’s ongoing development technique.

Along with the membership development announcement, the corporate additionally reaffirmed its full-year steerage ranges for 2024, which have been initially offered on October 29.

This text was generated with the assist of AI and reviewed by an editor. For extra info see our T&C.

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