Alignment Healthcare (ALHC) Moves 13.2% Higher: Will This Strength Last?

Alignment Healthcare (ALHC) shares soared 13.2% in the last trading session to close at $9. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 0.6% loss over the past four weeks.Alignment Healthcare scored a strong price increase, on investors’ optimism driven by the announcement that the Alignment Health Plan membership has increased by 44% year over year, following a successful Annual Enrollment Period (AEP). The company has also ...