Alignment Healthcare, Inc. (ALHC) stock plummeted 7.74% during intraday trading on Friday.
The sharp decline followed the release of the company's fourth-quarter 2025 financial results, which showed a net loss of $11.006 million. This loss appears to have driven investor selling, overshadowing positive aspects of the report including a revenue beat of $1.01 billion versus estimates of $1.003 billion and a substantial beat on adjusted EBITDA.
Market reaction suggests ongoing investor concern over the company's continued net losses despite top-line growth and operational improvements highlighted in the earnings report.