Why Oscar Health (OSCR) Shares Are Falling Today

Why Oscar Health (OSCR) Shares Are Falling Today

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…

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Why Oscar Health (OSCR) Stock Is Down Today

Why Oscar Health (OSCR) Stock Is Down Today

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…

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