The Traderszone Network

Published in TZ Latest News 14 July, 2021 by The TZ Newswire Staff

Is Clover Health a Bargain Buy After Losing Half Its Value?

Clover Health (NASDAQ: CLOV) began trading on the Nasdaq in January, the company has had an eventful first year so far. In February, it became the target of a short-seller report, and retail investors have turned it into a popular meme stock that can sometimes go on wild rides. That’s what happened on June 8 when the company’s stock doubled in value and ended up closing at over $22 per share. There wasn’t any big news from Clover Health that day, just speculators pushing the price up.

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