Shares of health insurance company Oscar Health (NYSE:OSCR) fell 13.8% in the afternoon session after investors reacted to a proposal to redirect healthcare funding away from insurers and a third-quarter earnings report showing a significant net loss. The political pressure came after former President Donald Trump called for federal healthcare funding to be sent directly…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Shares of UnitedHealth Group (NYSE:UNH) soared on Friday with news that several prominent investors had purchased shares of the health insurance company. A well-known member of Congress is also buying up shares and adding to her position. Rep. Marjorie…
Shares of health insurance company Oscar Health (NYSE:OSCR) fell 5% in the afternoon session after Wells Fargo downgraded the stock and slashed its price target. The financial institution lowered its rating on the health insurer to “Underweight” from “Equal Weight” and cut its price target to $10 from $16. This move reflects increasing concerns about…