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Bright Health Group is moving its corporate HQ out of Minnesota and changing its name, the latest big shifts from a company that once sought to shake up the health insurance market nationwide.
Bright Health (BHG) delivered earnings and revenue surprises of -63.17% and 61.21%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?
Bright Health shares opened at $16 on the New York Stock Exchange on Monday, up 5.8% from Friday’s close. Bright Health completed a reverse stock split in May to raise its stock price above the ...
Bright Health Group needs to raise about $300 million to avoid bankruptcy after it overdrafted its credit, executives told investors on Wednesday.
Bright Health Group is eliminating 99 jobs at its Bloomington headquarters amid a dramatic retreat from its fast-growing health insurance business, a strategy shift first announced in October.
Bright Health Group grew fast. It is unraveling even faster. The health-insurance upstart went public in June 2021 at a dizzying $11.2 billion valuation.
This was in addition to Bright Health’s previously announced exit from Illinois, New Mexico, Oklahoma, South Carolina, Utah, and Virginia. The company will no longer offer individual and family ...