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.

admin

Share
Published by
admin

Recent Posts

Chip business teams slam anticipated guidelines in non-public letter to Biden

By Stephen Nellis (Reuters) - A half-dozen commerce teams from the semiconductor and manufacturing industries…

2 minutes ago

ConocoPhillips’ SWOT evaluation: inventory poised for development amid oil market shifts

ConocoPhillips (NYSE:COP), a number one impartial exploration and manufacturing firm with a market capitalization of…

32 minutes ago

Key quotes from French Prime Minister Bayrou’s parliamentary tackle

PARIS (Reuters) - French Prime Minister Francois Bayrou on Tuesday informed lawmakers that France was…

37 minutes ago

Oil little modified as falling US stockpiles outweigh delicate demand outlook

SINGAPORE (Reuters) - Oil costs have been little modified on Wednesday, after falling the day…

42 minutes ago

US SEC sues Elon Musk over late disclosure of Twitter stake

By Jonathan Stempel (Reuters) -Elon Musk was sued on Tuesday by the U.S. Securities and…

52 minutes ago

US SEC sues Elon Musk over late disclosure of Twitter stake

By Jonathan Stempel (Reuters) -Elon Musk was sued on Tuesday by the U.S. Securities and…

52 minutes ago