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Benzinga
Benzinga
Business
Adam Eckert

Why Clover Health Shares Are Surging After Hours

Clover Health CLOV

Clover Health Investments Corp (NASDAQ:CLOV) is ripping higher in Wednesday's after-hours session after the company released its fourth-quarter financial results. 

Clover Health said fourth-quarter revenue increased 160% year-over-year to $432 million. The company reported a quarterly net loss of $187.2 million, which was down from a loss of $136.4 million in the fourth quarter of 2020.

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