MSP Recovery (LIFW) shares were up 15% in recent trading Friday after it completed rebranding from LifeWallet.
The company said the rebranding to MSP Recovery better reflects its core business of data-driven solutions for Medicare, Medicaid, commercial and secondary payer reimbursement recoveries, including proprietary technology.
The company's stock ticker is also due to change on Monday to "MSPR" from "LIFW."
Price: 1.83, Change: +0.24, Percent Change: +15.09