Bright Health Shares Rise 20% After Sale of California Medicare Advantage Business - News Summed Up

Bright Health Shares Rise 20% After Sale of California Medicare Advantage Business


By Chris WackBright Health Group shares were up 20% to $9.87 after the company completed the sale of its California Medicare Advantage business, Brand New Day and Central Health Plan, to Molina Healthcare. The stock hit its 52-week low of $4.94 on Dec. 21, and is down 79% in the past 12 months.


Source: Wall Street Journal January 03, 2024 18:53 UTC



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