Reported 2 days ago
Oscar Health, Inc. (OSCR) experienced a significant 29.6% increase in share price, rising from $13.20 to $17.11 within one week. This surge follows a strong first-quarter earnings report, revealing a 55% rise in net income, from $177 million to $275 million, and a 42% increase in revenues. The company's membership also grew by 40.8% year-on-year. CEO Mark Bertolini expressed confidence in continued growth for the year, reaffirming the financial outlook for 2025.
Source: YAHOO