Clover Health Investments Corp.’s (NASDAQ: CLOV) stock has spiked by around 100% over the past week and is now at a 70% premium to its closest competitor, Alignment Healthcare Inc (NASDAQ: ALHC), according to BofA
Shares of Clover Health Investments (NASDAQ:CLOV) saw some unusual options activity on Thursday. Following the unusual option alert, the stock price moved down to $16.61.
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Shares of Clover Health Investments (NASDAQ:CLOV) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved up to $9.3.
Gainers
GTT Communications, Inc. (NYSE: GTT) shares jumped 66% to $4.16 on abnormally-high volume. The company’s stock also jumped over 57% on Wednesday.
Clover Health Investments Corp (NASDAQ: CLOV) spiked more than 13% on Wednesday in the regular session.
What Happened: Clover Health stock shot up on a day when the so-called Stonks, or stocks favored by the retail investor crowd on social media, took the limelight.