Shares of Alignment Healthcare, Inc. (ALHC) are trading -5% lower at a price of $15.39 at the time of this writing. Shares of the stock are falling behind other names in the space on what is turning out to be a somewhat melancholic day for the Health Care sector.

Alignment Healthcare, Inc. has been trading between a 52-week high of $23.35 and a 52-week low of $6.14. The stock has a market cap of $2.88 Billion.

Alignment Healthcare is a consumer-centric platform delivering customized health care in the United States to seniors and those who need it most, the chronically ill and frail, through its Medicare Advantage plans. Alignment Healthcare provides partners and patients with customized care and service where they need it and when they need it, including clinical coordination, risk management and technology facilitation. Alignment Healthcare offers health plan options through Alignment Health Plan, and also partners with select health plans to help deliver better benefits at lower costs.

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Alignment Healthcare Inc PT Raised to $19 at Morgan Stanley
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Alignment Healthcare Inc PT Raised to $23 at BofA Securities
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Alignment Healthcare Q2 GAAP EPS, revenue beats, guidance in-line with consensus
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