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The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Alignment Healthcare (NASDAQ:ALHC) and the rest of the health insurance providers stocks fared in Q2.
If you backed Alignment Healthcare for its rapid member growth, sub-10% SG&A, and bullish analyst narratives around digital care for seniors, the outcome was harsh. For Alignment Healthcare shareholders, the loss from the start of the year was 61.7%, including dividends. If you had bought on 1 January assuming 34.9%…