Stock Track | Oscar Health Plummets 6.79% in Pre-market on Revenue Miss and House Subpoena

Stock Track

Feb 10

Oscar Health's stock plunged 6.79% in pre-market trading on Tuesday, following two significant negative developments that weighed on investor sentiment.

The health insurer reported fourth-quarter revenue of $2,805.235 million, which fell short of the Ibes estimate of $3,124 million. This revenue miss indicates weaker-than-expected financial performance for the quarter.

Additionally, Oscar Health was among eight Affordable Care Act health insurers subpoenaed by Republican House Judiciary Chair Jim Jordan as part of a widening investigation into potential fraud surrounding the use of premium subsidies. The regulatory scrutiny adds uncertainty and potential legal risks for the company.

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This revenue miss indicates weaker-than-expected financial performance for the quarter.</p><p>Additionally, Oscar Health was among eight Affordable Care Act health insurers subpoenaed by Republican House Judiciary Chair Jim Jordan as part of a widening investigation into potential fraud surrounding the use of premium subsidies. The regulatory scrutiny adds uncertainty and potential legal risks for the company.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OSCR","symbol_name":"Oscar Health, Inc.","start_time":0,"source_url":"","article_id":"1141434228","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1141434228","pubTimestamp":1770721384,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Oscar Health's stock plunged 6.79% in pre-market trading on Tuesday, following two significant negative developments that weighed on investor sentiment.The health insurer reported fourth-quarter...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"OSCR":"Oscar Health, Inc."},"translate_title":"个股追踪|奥斯卡健康盘前暴跌6.79%因营收未达预期和众议院传票","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OSCR":1},"content_text":"Oscar Health's stock plunged 6.79% in pre-market trading on Tuesday, following two significant negative developments that weighed on investor sentiment.The health insurer reported fourth-quarter revenue of $2,805.235 million, which fell short of the Ibes estimate of $3,124 million. 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