Meme stock Clover Health Investments, Corp. (NASDAQ:CLOV) reported solid third-quarter Fiscal 2022 results. Clover’s revenue of $856.82 million handily beat the consensus of $799.46 million and more than doubled the Q3FY21 figure. On the other hand, Clover’s diluted loss doubled to $0.16 per share but came in much better than the consensus loss of $0.22 per share. Following the news, CLOV stock rose 6.6% in after-hours trading yesterday. Clover Health is a physician enablement company committed to improving health equity for seniors. Year-to-date, CLOV stock, one of the favorites of meme stock traders, has lost 66.4%.
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Clover Health Investments (NASDAQ:CLOV)
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