Why Alignment Healthcare, Inc. (ALHC) Went Down On Friday
From Yahoo Finance: 2025-05-03 06:38:00
Wall Street closed the week strong with gains, led by Nasdaq’s 1.51% increase. Despite market optimism, 10 companies saw declines due to poor Q1 earnings. Alignment Healthcare, Inc. (ALHC) dropped 7.39% to $15.53 on Friday, but reported a narrowed net loss and increased revenues. ALHC aims for higher revenues and EBITDA in Q2 and full-year 2025. CEO John Kao is confident in scaling and delivering on their mission. ALHC ranks 9th on the worst performers list, with potential for investment but AI stocks may offer higher returns.
Read more: Why Alignment Healthcare, Inc. (ALHC) Went Down On Friday