Home Top Movers Clover Health Investments Corp (CLOV) stock had a “Good Friday”

Clover Health Investments Corp (CLOV) stock had a “Good Friday”

Clover Health Investments Corp. (CLOV) shares gained 2.38% in the after-market on Friday, April 16, 2021. CLOV’s stock gained 20.00% in the normal trading session on Friday. CLOV shares have moved up by 7.43% in the past week. Over the past three months, the stock has lost 37.04%, while over the past six months, it has shed -16.16%.

Let’s have a look at its recent developments and whether is there any particular reason behind its gains on Friday.


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

New Board members

On April 15, 2021, Clover Health Investments Corporationannouncedthe appointment of Demetrios L. Kouzakasto its Board of Directors, and will serve as a member of the Audit Committee.

Read More

Demetrios L. Kouzoukas served has served as the Director of the Centres for Medicare and the Principal Deputy Administrator of the Centers for Medicare & Medicaid Services (CMS) till January 2021.

On March 31, 2021, William “Bill” Robinsonjoinedthe Board of Directors of Clover Health Investments, Corp, and will serve as Chair of the Talent & Compensation Committee.

CLOV facing several lawsuits and class actions

Clover Health Investments Corporation is facing several lawsuits and from different law firms on behalf of investors, some of them are mentioned below.

  • On April 06, 2021, Kaskela Law LLC filed a class-action lawsuit against Clover Health Investments Corpon behalf of investors who purchased shares of the Company’s securities between October 6, 2020, and February 4, 2021.
  • On April 6, 2021, Levi &Korsinsky, LLP issued a statement that a securities class action lawsuit against CLOV has been commenced in the United States District Court for the Middle District of Tennessee.
  • On April 6, 2021, Bronstein, Gewirtz & Grossman, LLC said that a class action lawsuit has been filed against Clover Health Investments, Corp. f/k/a Social Capital Hedosophia Holdings Corp. III

Launching of Clover Living magazine

On March 11, 2021, Clover Health Investments, Corp launched Clover Living, a health and wellbeing magazine designed specifically for people over sixty years of age.

The project is led by Andrew Robinson, VP of Communications, who joined Clover in 2020 from The Wall Street Journal publisher, Dow Jones. The quarterly magazine is a multi-year project with Headline Studio which will enable Clover to deploy wholly-owned digital and printed media content to reach its target audiences. The magazine distribution will start by late Spring 2021, with a second issue coming mid-September.

A grant from the National Institute of Health

On March 04, 2021, the National Institutes of Health (NIH)provided a five-year grant to Clover Health Investments, Corp. who is a part of a team to conduct a clinical study with researchers from Massachusetts General Hospital, Harvard Medical School, and ACP Decisions foundation.

The study focuses on the effectiveness of multimedia tools for improving advanced care planning among patients with life-limiting illness receiving home-based primary care.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

Conclusion

There is no news in the market to prove its gains on Friday. Even in the recent past, there are no significant developments that could justify its surging on Friday.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

What Explains MOGO Stock Going Up Today?

The Mogo Inc. (NASDAQ: MOGO) stock has gained 5.04% to $8.55 in premarket trading today. Mogo stock finished last trading day at $8.14, down...

Zynga Inc. (ZNGA) stock rises in the Pre-Market: What’s going on?

Zynga Inc. (ZNGA) announced its first-quarter 2021 financial results after which the ZNGA stock happened to be green after underperformance in the last trade....

American Shared Hospital Services (AMS) Stock Continues to Soar Following Unprecedent Volumes Being Traded

American Shared Hospital Services (AMS) stock prices surged by 30.51% as of market close on May 5th, 2021, bringing the price per share up...

James River Group Holdings Ltd. (NASDAQ: JRVR) stock falls during pre-market. Why is it so?

James River Group Holdings Ltd. (NASDAQ: JRVR) stock plunged by 1.67% at last close while the JRVR stock continued decline by 25.74% at last...

Aviat Networks, Inc. (AVNW) Stock Trending Up After Promising Financial Reports for Most Recent Quarter

Aviat Networks, Inc. (AVNW) stock prices were up 3.81% as of market close on May 5th 2021, bringing the price per share up to...

Ambev S.A. (ABEV) Stock Trends Up Following Highly Promising Earnings Call for Q4 2020

Ambev S.A. (ABEV) stock prices were up 10.3943% shortly after the market opened on May 6th, 2021, bringing the price per share up to...

Sally Beauty Holdings (NYSE:SBH) stock surged in the current trading session; here’s why

In the current trading session, Sally Beauty Holdings Inc. (SBH) stock had surged by 19.69% to $24.25 at the time of writing. SBH stock...

Moderna Inc. (NASDAQ: MRNA) stock declines during current market. Let’s figure out why?

Moderna Inc. (NASDAQ: MRNA) stock falls by 5.31% in the current market trading after MRNA has announced its financial results for Q1 2021. Moderna...

Related News

Himax Technologies, Inc. (HIMX) Stock Climbing After Promising Q1 2021 Financial Reports

Himax Technologies, Inc. (HIMX) stock prices were down by 6.97% as of the market closing on May 5th 2021, bringing the price per share...

Why BioCryst Pharmaceuticals, Inc. (BCRX) stock is climbing today?

BioCryst Pharmaceuticals, Inc. (BCRX) announced its first-quarter 2021 financial results after which the BCRX stock happened to be green as its per-share price went...

Precipio, Inc. (PRPO) Stock Trending Up Following Successful Launch of Covid-19 Antibody Testing Kit

Precipio, Inc. (PRPO) stock prices were down 3.62% as of the market closing on ay 5th 2021, bringing the price per hare down to...

Shares of Cinedigm Corp. (CIDM) are climbing high in the premarket. What’s Going On?

Cinedigm (NASDAQ:CIDM), a distributor of various movies, television and other digital content, managing a library of distribution rights to several thousand titles and different...

Why Stealth BioTherapeutics Corp (MITO) stock is soaring in Pre-Market today?

Stealth BioTherapeutics Corp (MITO) presented the data at the 2021 Association for Research in Vision and Ophthalmology (ARVO) Virtual Annual Meeting, which is collected...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Insider Watchlist

Important Earnings

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.