Clover Health’s stock price is experiencing a significant surge today, fueled by a new partnership with The Iowa Clinic and the appointment of a new COO. This news comes as short interest in the company decreases and social media buzz around CLOV continues.
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Clover Health’s stock jumped after its subsidiary, Counterpart Health, signed a multi-year agreement with The Iowa Clinic to provide its cloud-based software platform for Medicare Advantage and Shared Savings Program patients. The deal highlights Clover Health’s commitment to innovative healthcare solutions and could significantly impact its future growth.