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Clover Health Investments, Corp - $CLOV STOCK NEWS

Welcome to our dedicated page for Clover Health Investments news (Ticker: $CLOV), a resource for investors and traders seeking the latest updates and insights on Clover Health Investments stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Clover Health Investments's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Clover Health Investments's position in the market.

Rhea-AI Summary

Clover Health Investments, Corp. (NASDAQ: CLOV) announced its participation in Bank of America 2024 Healthcare Conference and 2024 Leerink Partners Healthcare Crossroads Conference. CEO and CFO will be present at the events. A live webcast will be available on the company's investor relations website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
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conferences
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Rhea-AI Summary

Clover Health announced the grant of restricted stock units to its new Chief Financial Officer, Peter Kuipers. The RSUs represent the right to receive 4,228,753 shares of the Company's Class A Common Stock, with vesting over four years. This grant was made under the Company's Inducement Award Plan to attract new talent.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.03%
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none
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Rhea-AI Summary
Clover Health Investments, Corp. (NASDAQ: CLOV) will announce its first quarter 2024 financial results on May 7, 2024, followed by a conference call and webcast to discuss business and financial performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.19%
Tags
conferences earnings
Rhea-AI Summary
Clover Health appointed Peter Kuipers as the new Chief Financial Officer. Kuipers brings over 25 years of technology leadership experience and was recognized with the 2018 San Francisco Bay Area Public Company CFO of the Year Award. He will drive financial initiatives for profitability, growth, and new revenue streams.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.24%
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management
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Rhea-AI Summary
Clover Health Investments, Corp. has reached an agreement to resolve shareholder derivative actions in four jurisdictions related to its de-SPAC transaction. The Settlement involves corporate governance enhancements without any monetary payment, pending final court approval.
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Rhea-AI Sentiment
End-of-Day
-3.77%
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none
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Rhea-AI Summary
Clover Health partners with Quartet Health to enhance care for members with serious mental illness through Clover Home Care. Quartet's expertise in behavioral health will complement Clover's home-based care model, improving outcomes for underserved patient populations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.9%
Tags
partnership
Rhea-AI Summary
Clover Health Investments, Corp. (CLOV) reported improved financial results for full-year 2023, with Insurance MCR at 81.2% and fourth quarter MCR at 82.4%. The company saw a net loss reduction of $126.2 million and an increase in Adjusted EBITDA by $245.7 million year-over-year. Clover issued 2024 guidance projecting Insurance MCR range of 79% - 83% and up to $20 million of Adjusted EBITDA profitability at the high end of the range.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.99%
Tags
-
Rhea-AI Summary
Clover Health appoints Clay Thornton as Chief Financial Officer of its Medicare Advantage division, bringing a decade of healthcare financial management experience. Thornton's track record includes significant achievements in driving financial strategies for quality outcomes and business expansion. His expertise aligns with Clover's PPO-first product strategy and state-of-the-art technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
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none
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Rhea-AI Summary
Clover Health Investments, Corp. (CLOV) will report Q4 and full year 2023 financial results on March 12, 2024. A conference call and webcast will follow to discuss business and financial performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
Tags
conferences earnings
Rhea-AI Summary
Clover Health Investments, Corp. (CLOV) granted a restricted stock unit award to a newly hired employee under the 2022 Inducement Award Plan. The employee has the right to receive 902,061 shares of the Company's Class A Common Stock, with vesting over a four-year period. This award aims to attract new talent to the company.
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End-of-Day
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Clover Health Investments, Corp

Nasdaq:CLOV

CLOV Rankings

CLOV Stock Data

344.58M
375.12M
7.38%
24.46%
8.88%
Direct Health and Medical Insurance Carriers
Finance and Insurance
Link
United States of America
FRANKLIN

About CLOV

clover health (nasdaq: clov) is a physician enablement company focused on seniors who have historically lacked access to affordable, high-quality healthcarewe aim to provide great care, in a sustainable way, by having a business model built around improving medical outcomes while lowering avoidable costs. we do this while taking a holistic approach to understanding the health needs and social risk factors of those under our care. this strategy is underpinned by our proprietary software platform, the clover assistant, which is designed to aggregate patient data from across the health ecosystem to support clinical decision-making by presenting physicians and other providers with real-time, personalized recommendations at the point of care.making care more accessible is at the heart of our business, and we believe patients should have the freedom to choose their doctors. we offer affordable medicare advantage plans with extensive benefits, provide primary care physicians with the clover a