expand/collapse risk warning

CFDs come with a high risk of losing money rapidly due to leverage. 71% of accounts lose money when trading CFDs with this provider. You should understand how CFDs work and consider if you can take the risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

79% of retail investor accounts lose money when trading CFDs with this provider.

Loading...

Clover Health Stock (CLOV): Live Price Chart

[[ data.name ]]

[[ data.ticker ]]

[[ data.price ]] [[ data.change ]] ([[ data.changePercent ]]%)

Low: [[ data.low ]]

High: [[ data.high ]]

About

History

Competitors

About

History

Competitors

Clover Health (CLOV) is a US-based health insurance company with a market capitalization of $594.92 million as of August 2, 2023. Founded in 2014 by Vivek Garipalli and Kris Gale, it aims to revolutionize healthcare for seniors. The company offers Medicare Advantage plans and leverages data analytics and technology to provide personalized care and improve health outcomes for its members.

Clover Health went public through a merger with Social Capital Hedosophia Corp III, a special purpose acquisition company (SPAC), in January 2021. The merger allowed the company to be listed on the US100 under the ticker symbol CLOV. With a strong focus on innovation and improving healthcare access and affordability for seniors, the company continues to expand its presence in the Medicare Advantage market.

Clover Health's share price history in the past five years shows significant fluctuations. In June 2021, the highest stock price was recorded at $28.85. This was just a few months after the company's IPO. The highest price corresponds to the excitement that surrounded its innovative approach to health insurance, its extensive network of primary care physicians, and its deep experience in navigating the healthcare system. However, the share price's trajectory wasn't all upwards and onwards. The lowest stock price was recorded at $0.7078 in April 2023. This highlights the volatility of healthcare stocks and how quickly things could change. Nevertheless, in trading, opportunities often come from chaos, and some traders may find strategies to benefit from such drastic changes in the stock value.

To assist traders with their research, there are a few trading tools and indicators that they can consider using. For example, the Relative Strength Index (RSI) may help traders to identify oversold or overbought.

Without a clear market status, it could be challenging to determine whether Clover Health is a worthwhile investment opportunity. Therefore, it’s essential to research its competitors in its market to ensure you make an informed investment decision. They include:

  • UnitedHealth Group (UNH.US) is a leading American healthcare company that provides health insurance and healthcare services to individuals and businesses. It operates through two main segments: UnitedHealthcare and Optum.
  • Anthem Inc (ANTM.US) is a major health insurance company in the United States, providing health benefits to individuals, employers, and Medicaid beneficiaries. It operates through its commercial, government, and specialty business segments.
  • Centene Corporation (CNC.US) is a Fortune 500 healthcare company specializing in managed care services. It offers health insurance plans through Medicaid, Medicare, and the Health Insurance Marketplace, serving millions of members across the United States.

Loading
Swap long [[ data.swapLong ]] points
Swap short [[ data.swapShort ]] points
Spread min [[ data.stats.minSpread ]]
Spread avg [[ data.stats.avgSpread ]]
Min contract size [[ data.minVolume ]]
Min step size [[ data.stepVolume ]]
Commission and Swap Commission and Swap
Leverage Leverage
Trading Hours Trading Hours

* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.

Trade [[data.name]] with Skilling

All Hassle-free, with flexible trade sizes and with zero commissions!*

  • Trade 24/5
  • Minimum margin requirements
  • No commission, only spread
  • Fractional shares available
  • Easy to use platform

*Other fees may apply.

Sign up

FAQs

Does Clover Health pay dividends?

+ -

Clover Health Investments Corp. (Clover Health) does not currently pay dividends to its shareholders. As a healthcare technology company focused on improving health outcomes through Medicare Advantage plans, Clover Health prioritizes reinvesting its earnings into business growth and operations.

Is Clover Health stock worth buying?

+ -

Deciding if Clover Health stock is a worthwhile investment hinges on several factors. The company operates in healthcare technology, particularly Medicare Advantage, promising growth with aging demographics. Its focus on technology-driven healthcare solutions may offer competitive advantages.

However, investors should scrutinize financial health, regulatory risks, and competitive pressures. Evaluating market conditions and aligning with personal investment goals and risk tolerance are crucial before making an informed decision on investing in Clover Health stock.

Why is CLOV stock dropping?

+ -

Clover Health's (CLOV) stock drop can be attributed to several factors. Investor sentiment may reflect concerns over regulatory scrutiny in the healthcare sector, impacting Medicare Advantage providers like Clover Health. Financial performance, including revenue growth and profitability metrics, could influence stock volatility.

Market perception of competitive pressures and operational challenges within the healthcare technology industry may also contribute to fluctuations in CLOV's stock price. Additionally, broader market conditions and investor sentiment towards growth stocks may influence CLOV's stock performance.

Why Trade [[data.name]]

Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.

CFDs
Equities
chart-long.svg

Capitalise on rising prices (go long)

green-check-ico.svg
green-check-ico.svg
chart-short.svg

Capitalise on falling prices (go short)

green-check-ico.svg
leverage-ico.svg

Trade with leverage
Hold larger positions than the cash you have at your disposal

green-check-ico.svg
trade-ico.svg

Trade on volatility
No need to own the asset

green-check-ico.svg
commissions-ico.svg

No commissions
Just low spreads

green-check-ico.svg
risk-ico.svg

Manage risk with in-platform tools
Ability to set take profit and stop loss levels

green-check-ico.svg