Alignment Healthcare, Inc. provides a consumer-centric platform that delivers customized health care to seniors in the United States. It offers medicare advantage plans and health plan options to its partners and patients with customized care and service; and preferred provider organization offerings. The company was founded in 2013 and is based in Orange, California.
IPO Year: 2021
Exchange: NASDAQ
Website: alignmenthealthcare.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/11/2024 | Sector Weight | KeyBanc Capital Markets | |
5/30/2024 | $10.00 | Outperform | Robert W. Baird |
5/30/2024 | $7.75 → $11.00 | Neutral → Buy | BofA Securities |
5/8/2024 | $6.00 → $8.00 | Neutral → Overweight | Piper Sandler |
3/6/2024 | $4.50 | Underweight | Barclays |
3/6/2024 | $12.00 → $6.00 | Overweight → Neutral | Piper Sandler |
1/24/2024 | $11.00 | Buy | Stifel |
11/2/2023 | $7.50 → $7.25 | Buy → Neutral | BofA Securities |
10/16/2023 | $9.00 → $10.00 | Outperform → Strong Buy | Raymond James |
10/12/2023 | $9.00 | Equal-Weight | Stephens |
4 - Alignment Healthcare, Inc. (0001832466) (Issuer)
4 - Alignment Healthcare, Inc. (0001832466) (Issuer)
4 - Alignment Healthcare, Inc. (0001832466) (Issuer)
4 - Alignment Healthcare, Inc. (0001832466) (Issuer)
4 - Alignment Healthcare, Inc. (0001832466) (Issuer)
4 - Alignment Healthcare, Inc. (0001832466) (Issuer)
4 - Alignment Healthcare, Inc. (0001832466) (Issuer)
4 - Alignment Healthcare, Inc. (0001832466) (Issuer)
4 - Alignment Healthcare, Inc. (0001832466) (Issuer)
4 - Alignment Healthcare, Inc. (0001832466) (Issuer)
ORANGE, Calif., Nov. 15, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC) (the "Company") today announced that it has entered into privately negotiated subscription agreements with certain investors, pursuant to which it will issue $330 million principal amount of 4.25% Convertible Senior Notes due 2029 (the "Notes"). The issuance of the Notes is expected to close on November 22, 2024, subject to customary closing conditions. The Notes will be senior, unsecured obligations of the Company, and interest will be payable semi-annually in arrears at a rate of 4.25% per annum. The Notes will mature on November 15, 2029, unless earlier repurchased, redeemed or converted in accor
ORANGE, Calif., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC), today announced that it will present at the following conferences: UBS Global Healthcare Conference in Rancho Palos Verdes, California on Wednesday, Nov. 13, at 3:30 p.m. PSTStephens Annual Investment Conference in Nashville, Tennessee on Wednesday, Nov. 20, at 9 a.m. CST A webcast and replay of the presentations will be available on Alignment's investor relations website at https://ir.alignmenthealth.com/. About Alignment HealthcareAlignment Health is championing a new path in senior care that empowers members to age well and live their most vibrant lives. A consumer brand name of Alignment Heal
LAS VEGAS, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Alignment Health Plan, an award-winning Medicare Advantage plan from Alignment Health, has been named to U.S. News & World Report's 2025 Best Insurance Companies for Medicare Advantage (MA) Honor Roll in Nevada. With nearly 100 MA plans available in Nevada, Alignment is one of only 5 MA insurers in the state to earn the "Best" ranking badge, which recognizes insurers with a U.S. News rating above 3.8 on a 5-point scale.1 To calculate its 2025 rankings, U.S. News & World Report consulted with more than 30 Medicare experts to identify and weigh the most important quality measures for Medicare Advantage consumers and applied these weights to dat
ORANGE, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Alignment Health Plan, an award-winning Medicare Advantage plan from Alignment Health, has been named to U.S. News & World Report's 2025 Best Insurance Companies for Medicare Advantage (MA) Honor Roll in California. With more than 400 MA plans offered in California, Alignment is one of only six insurers in the state to earn the "Best" ranking badge, which recognizes insurers with a U.S. News rating above 3.8 on a 5-point scale.1 To calculate its 2025 rankings, U.S. News & World Report consulted with Medicare experts to identify more than 30 quality measures from the Centers for Medicare & Medicaid Services (CMS) and assigned each measure
TUCSON, Ariz., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Alignment Health Plan, an award-winning Medicare Advantage plan from Alignment Health, has been named to U.S. News & World Report's 2025 Best Insurance Companies for Medicare Advantage (MA) Honor Roll in Arizona. With 149 MA plans offered in Arizona, Alignment is one of only five insurers in the state to earn the "Best" ranking badge, which recognizes insurers with a U.S. News rating above 3.8 on a 5-point scale.1 To calculate its 2025 rankings, U.S. News & World Report consulted with Medicare experts to identify more than 30 quality measures from the Centers for Medicare & Medicaid Services (CMS) and assigned each measure a weight reflec
RALEIGH, N.C., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Alignment Health Plan, an award-winning Medicare Advantage plan from Alignment Health, has been named to U.S. News & World Report's 2025 Best Insurance Companies for Medicare Advantage (MA) Honor Roll in North Carolina for the third consecutive year. With 180 MA plans available in North Carolina, Alignment is one of only 8 MA insurers in the state to earn the "Best" ranking badge, which recognizes insurers with a U.S. News rating above 3.8 on a 5-point scale.1 To calculate its 2025 rankings, U.S. News & World Report consulted with Medicare experts to identify more than 30 quality measures from the Centers for Medicare & Medicaid Services (C
Reports $692.4 million in total revenue, up 51.6% year-over-year Increases Medicare Advantage membership, up 57.7% year-over-year to approximately 182,300 members, beating third-quarter and year-end expectationsOne of seven Medicare Advantage Prescription Drug contracts nationally to earn 5- out of 5 stars from the Centers for Medicare & Medicaid Services (CMS), with 98% of company's Medicare Advantage members in plans rated 4-stars or higher for 2025Raises year-end health plan membership and revenue guidance, narrows full-year adjusted gross profit and adjusted EBITDA guidance ORANGE, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC), today reported finan
ORANGE, Calif., Oct. 18, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC), will release its third quarter 2024 financial results on Tuesday, Oct. 29, 2024, after market close. Following the release, the company will host a conference call to review its financial results at 5 p.m. EDT. Conference Call DetailsA live audio webcast will be available online at https://ir.alignmenthealth.com/. At the start of the conference call, participants may access the webcast at the following link: https://edge.media-server.com/mmc/p/dh2kdfjr A replay of the call will be available via webcast for on-demand listening shortly after the completion of the call at the same web links and will
ORANGE, Calif., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC) announced today that 98% of its Alignment Health Plan members are enrolled in plans rated 4 stars or greater by the Centers for Medicare & Medicaid Services (CMS) for 2025. Every year, CMS evaluates Medicare Advantage plans based on a 5-star rating – with 5 stars representing "excellent" performance – to help Medicare beneficiaries compare health plans based on quality and performance. "Achieving these high star ratings under increasingly stringent CMS criteria demonstrates our leadership in the Medicare Advantage space," said John Kao, founder and CEO, Alignment Healthcare. "Our excellent performan
LAS VEGAS, Nev. and ORANGE, Calif., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Alignment Health Plan, an award-winning Medicare Advantage plan from Alignment Health, today announced it is expanding access to high-quality health care and services for its members in Clark and Washoe counties through a new agreement with Intermountain Health. Effective Jan. 1, 2025, the agreement will provide Alignment's Nevada members access to more than 65 clinic locations in the Silver State, 35 of which are award-winning senior primary care clinics. "Joining forces with Intermountain Health, one of the largest nonprofit health systems in the mountain states, is an exciting step forward for Alignment Health Plan a
8-K - Alignment Healthcare, Inc. (0001832466) (Filer)
144 - Alignment Healthcare, Inc. (0001832466) (Subject)
144 - Alignment Healthcare, Inc. (0001832466) (Subject)
10-Q - Alignment Healthcare, Inc. (0001832466) (Filer)
8-K - Alignment Healthcare, Inc. (0001832466) (Filer)
144 - Alignment Healthcare, Inc. (0001832466) (Subject)
144 - Alignment Healthcare, Inc. (0001832466) (Subject)
144 - Alignment Healthcare, Inc. (0001832466) (Subject)
144 - Alignment Healthcare, Inc. (0001832466) (Subject)
144 - Alignment Healthcare, Inc. (0001832466) (Subject)
SC 13G/A - Alignment Healthcare, Inc. (0001832466) (Subject)
SC 13G/A - Alignment Healthcare, Inc. (0001832466) (Subject)
SC 13G/A - Alignment Healthcare, Inc. (0001832466) (Subject)
SC 13G - Alignment Healthcare, Inc. (0001832466) (Subject)
SC 13G - Alignment Healthcare, Inc. (0001832466) (Subject)
SC 13G - Alignment Healthcare, Inc. (0001832466) (Subject)
SC 13G/A - Alignment Healthcare, Inc. (0001832466) (Subject)
SC 13G/A - Alignment Healthcare, Inc. (0001832466) (Subject)
SC 13G/A - Alignment Healthcare, Inc. (0001832466) (Subject)
SC 13G/A - Alignment Healthcare, Inc. (0001832466) (Subject)
Reports $692.4 million in total revenue, up 51.6% year-over-year Increases Medicare Advantage membership, up 57.7% year-over-year to approximately 182,300 members, beating third-quarter and year-end expectationsOne of seven Medicare Advantage Prescription Drug contracts nationally to earn 5- out of 5 stars from the Centers for Medicare & Medicaid Services (CMS), with 98% of company's Medicare Advantage members in plans rated 4-stars or higher for 2025Raises year-end health plan membership and revenue guidance, narrows full-year adjusted gross profit and adjusted EBITDA guidance ORANGE, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC), today reported finan
ORANGE, Calif., Oct. 18, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC), will release its third quarter 2024 financial results on Tuesday, Oct. 29, 2024, after market close. Following the release, the company will host a conference call to review its financial results at 5 p.m. EDT. Conference Call DetailsA live audio webcast will be available online at https://ir.alignmenthealth.com/. At the start of the conference call, participants may access the webcast at the following link: https://edge.media-server.com/mmc/p/dh2kdfjr A replay of the call will be available via webcast for on-demand listening shortly after the completion of the call at the same web links and will
Reports $681.3 million in total revenue, up 47.3% year-over-year Records strong Medicare Advantage membership growth, up 56.1% year-over-year to approximately 175,100 members, beating expectationsIncreases year-end membership and revenue guidance, and maintains full-year adjusted gross profit and adjusted EBITDA guidance ORANGE, Calif., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC), today reported financial results for its second quarter ended June 30, 2024. "Our exceptional health plan membership growth and strong margin results in the second quarter show we're doing Medicare Advantage right," said John Kao, founder and CEO. "With the scale we have added yea
ORANGE, Calif., July 11, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC), will release its second quarter 2024 financial results on Thursday, Aug. 1, 2024, after market close. Following the release, the company will host a conference call to review its financial results at 5:30 p.m. EDT. Conference Call DetailsA live audio webcast will be available online at https://ir.alignmenthealth.com/. At the start of the conference call, participants may access the webcast at the following link: https://edge.media-server.com/mmc/p/kd6mifpg A replay of the call will be available via webcast for on-demand listening shortly after the completion of the call at the same web links and w
Reports $628.6 million in total revenue and $627.6 million in revenue excluding ACO REACH, up 43.1% and 54.2% year-over-year respectivelyMedicare Advantage membership grows 50.5% year-over-year to approximately 165,100 membersIncreases membership and revenue outlook following strong first-quarter enrollment results, narrows year-end adjusted EBITDA guidance range ORANGE, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC), today reported financial results for its first quarter ended March 31, 2024. "Alignment Healthcare's first quarter results are a testament to the strength and resilience of our Medicare Advantage platform, reflecting our commitment to deli
ORANGE, Calif., April 11, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC), will release its first quarter 2024 financial results on Thursday, May 2, after market close. Following the release, the company will host a conference call to review its financial results at 5 p.m. EDT. Conference Call DetailsA live audio webcast will be available online at https://ir.alignmenthealth.com/. At the start of the conference call, participants may access the webcast at the following link: https://edge.media-server.com/mmc/p/urdy6wve A replay of the call will be available via webcast for on-demand listening shortly after the completion of the call at the same web links and will re
ORANGE, Calif., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC), will release its fourth quarter and full-year 2023 financial results on Tuesday, Feb. 27, after market close. Following the release, the company will host a conference call to review its financial results at 5:30 p.m. EST. Conference Call DetailsA live audio webcast will be available online at https://ir.alignmenthealth.com/. At the start of the conference call, participants may access the webcast at the following link: https://edge.media-server.com/mmc/p/qz3mqmh6 A replay of the call will be available via webcast for on-demand listening shortly after the completion of the call at the same web lin
ORANGE, Calif., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC), will release its third quarter 2023 financial results on Thursday, Nov. 2, after market close. Following the release, the company will host a conference call to review its financial results at 5:30 p.m. EDT. Conference Call DetailsA live audio webcast will be available online at https://ir.alignmenthealth.com/. At the start of the conference call, participants may access the webcast at the following link: https://edge.media-server.com/mmc/p/wsums52s A replay of the call will be available via webcast for on-demand listening shortly after the completion of the call at the same web links and
Reports $462.4 million in total revenue, up 26.2% year-over-yearMedicare Advantage enrollment increases to approximately 112,200 members, up 17% year-over-year ORANGE, Calif., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC), a tech-enabled Medicare Advantage company, today reported financial results for its second quarter ended June 30, 2023. "Our employees continue to deliver results by putting our members first, helping us to beat guidance across all four of our key metrics, including membership, revenue, adjusted gross profit and adjusted EBITDA," said John Kao, founder and CEO. "We are making our mission of changing health care one perso
ORANGE, Calif., July 13, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC), a tech-enabled Medicare Advantage company, will release its second quarter 2023 financial results on Thursday, Aug. 3, after market close. Following the release, the company will host a conference call to review its financial results at 5:30 p.m. EDT. Conference Call DetailsA live audio webcast will be available online at https://ir.alignmenthealth.com/. At the start of the conference call, participants may access the webcast at the following link: https://edge.media-server.com/mmc/p/azqemcsm A replay of the call will be available via webcast for on-demand listening shortly after the completio
4 - Alignment Healthcare, Inc. (0001832466) (Issuer)
KeyBanc Capital Markets initiated coverage of Alignment Healthcare with a rating of Sector Weight
Robert W. Baird initiated coverage of Alignment Healthcare with a rating of Outperform and set a new price target of $10.00
BofA Securities upgraded Alignment Healthcare from Neutral to Buy and set a new price target of $11.00 from $7.75 previously
Piper Sandler upgraded Alignment Healthcare from Neutral to Overweight and set a new price target of $8.00 from $6.00 previously
Barclays initiated coverage of Alignment Healthcare with a rating of Underweight and set a new price target of $4.50
Piper Sandler downgraded Alignment Healthcare from Overweight to Neutral and set a new price target of $6.00 from $12.00 previously
Stifel initiated coverage of Alignment Healthcare with a rating of Buy and set a new price target of $11.00
BofA Securities downgraded Alignment Healthcare from Buy to Neutral and set a new price target of $7.25 from $7.50 previously
Raymond James upgraded Alignment Healthcare from Outperform to Strong Buy and set a new price target of $10.00 from $9.00 previously
Stephens initiated coverage of Alignment Healthcare with a rating of Equal-Weight and set a new price target of $9.00
ORANGE, Calif., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ:ALHC) today announced that Sebastian Burzacchi will join as the new chief operating officer of its management services organization (MSO), and Andreas Wagner will serve as chief people officer, effective immediately. Sebastian Burzacchi, Chief Operating Officer of MSOReporting to Alignment founder and CEO John Kao, Sebastian Burzacchi will direct initiatives that strengthen a core value of the company – supporting doctors. This includes a focus on enhancing provider partnerships and ensuring a seamless experience for doctors with Alignment. "We are thrilled to welcome Sebastian to our leadership team, br
ORANGE, Calif., July 06, 2023 (GLOBE NEWSWIRE) -- Alignment Health — a consumer brand name of Alignment Healthcare, Inc. (NASDAQ:ALHC), a tech-enabled Medicare Advantage company — today announced the appointment of Melinda Kimbro as its new chief people officer. Kimbro joined on June 30 to lead the company's human resources (HR) function and will oversee all aspects of the Alignment employee experience, including talent acquisition, culture, diversity, equity and inclusion, total rewards, and facilities. She will also spearhead the strategic development of internal talent to help further drive innovation and provide rich, ongoing career growth opportunities for employees. "Championing ou
ORANGE, Calif., June 06, 2023 (GLOBE NEWSWIRE) -- Alignment Health, a consumer brand name of Alignment Healthcare, Inc. (NASDAQ:ALHC), a tech-enabled Medicare Advantage (MA) company, is strengthening its sales team with the addition of three executives who will help propel the company's nationwide growth as it champions a new path in senior care. Appointed as Health Plan Chief Growth Officer, Todd Macaluso will lead the company's health plan growth by increasing net membership and improving the overall experience, execution, research and development efforts. David Milligan and Joe Kanatzar will serve as senior vice presidents of sales for California and all states outside California, resp
ORANGE, Calif., March 21, 2023 (GLOBE NEWSWIRE) -- Alignment Health, a consumer brand name of Alignment Healthcare, Inc. (NASDAQ:ALHC), a tech-enabled Medicare Advantage company that is championing a new path in senior care, today announced the appointment of Tim Moorhead as senior vice president and regional president of North Carolina, Arizona and Texas, and Lisa Ferrari as senior vice president and regional president of Nevada and Northern California. Reporting to Dawn Maroney, president of markets for Alignment Health, both executives will create customer value while ensuring strategic operating plans are being met in their respective markets. They also will collaborate and manage
Health industry experts to provide counsel amid company's rapid growth and broader telemental health adoption Brightside Health, a telehealth platform that delivers life-changing mental health care to individuals with mild-to-severe clinical depression, anxiety, and other mood disorders, announced today the appointment of health industry experts Jeff Margolis as an independent board member and The Honorable David Shulkin, MD, as an advisor, effective October 1, 2022. Margolis and Secretary Shulkin will provide guidance to the organization as it expands and continues to deliver life-changing mental healthcare to all who need it, including those with elevated suicide risk. "We're pleased to
Industry veteran brings longstanding track record of growing innovative healthcare technology and service organizations from early-stage startup through category leadership DNAnexus, Inc., the leader in biomedical informatics and data management, today announced the appointment of Jeff Margolis, a seasoned healthcare information technology executive and current Senior Advisor for Blackstone (NYSE:BX), to its Board of Directors. The appointment follows the company's $200 million financing round, which was led by Blackstone. "DNAnexus is already an exciting company at the intersection of healthcare and life sciences and the recent Blackstone investment will support the goal of becoming a ca
ORANGE, Calif., Dec. 27, 2021 (GLOBE NEWSWIRE) -- Alignment Healthcare (NASDAQ:ALHC), a tech-enabled Medicare Advantage company, today announced the appointment of Jody Bilney and Yon Yoon Jorden to its Board of Directors, effective Jan. 1, 2022. "We are delighted to welcome Jody and Yon to the board. Both leaders bring exceptional experience in business transformation, strategy and finance as well as health care industry expertise that will help guide the company as it works to scale nationwide," said Joseph Konowiecki, chairman, Alignment Healthcare Board of Directors. Bilney is an accomplished executive with a track record of driving brand transformation and business strategy. From 20
ORANGE, Calif., Sept. 14, 2021 (GLOBE NEWSWIRE) -- Alignment Healthcare, a mission-based Medicare Advantage insurance company, today announced the appointment of health care veteran Dan Peterson as president of its Arizona market. In this newly created position, Peterson will lead the company's expansion in the state and will report to Rajesh Shrestha, president, new markets and chief business officer at Alignment. "Dan's expertise and leadership in a burgeoning Medicare Advantage market like Arizona will help Alignment take the right steps in expanding into the state," said Shrestha. "His deep industry experience, in addition to our growing leadership team, will help us to innovate aroun
Shares of American Eagle Outfitters, Inc. (NYSE:AEO) fell during Thursday's session following first-quarter results. American Eagle Outfitters reported adjusted earnings of 17 cents per share and quarterly revenue of $1.143 billion, up from $1.08 billion from the same period last year, but below the analyst estimate of $1.15 billion, according to data from Benzinga Pro. American Eagle Outfitters sees second-quarter operating income in a range of $95 million to $100 million and fiscal-year 2024 operating income in a range of $445 million and $465 million. American Eagle Outfitters shares fell 4.5% to $22.98 on Thursday. Here are some other stocks moving in today’s mid-day session.
U.S. stocks were lower, with the Dow Jones index falling around 1% on Thursday. Shares of HP Inc. (NYSE:HPQ) rose sharply during Thursday's session following better-than-expected second-quarter financial results. Net revenue declined 0.8% Y/Y to $12.8 billion, beating the consensus of $12.6 billion. Adjusted EPS rose 4% Y/Y to 82 cents, surpassing the street view of 81 cents, according to data from Benzinga Pro. HP shares climbed 12.5% to $36.94 on Thursday. Here are some other big stocks recording gains in today's session. Latam Logistic Properties, S.A. (NYSE:LPA) shares jumped 61% to $53.35. Foot Locker, Inc. (NYSE:FL) rose 25.9% to $28.35 following a first-quarter earn
Baird analyst Michael Ha initiates coverage on Alignment Healthcare (NASDAQ:ALHC) with a Outperform rating and announces Price Target of $10.
Piper Sandler analyst Jessica Tassan upgrades Alignment Healthcare (NASDAQ:ALHC) from Neutral to Overweight and raises the price target from $6 to $8.
Stephens & Co. analyst Scott Fidel maintains Alignment Healthcare (NASDAQ:ALHC) with a Equal-Weight and raises the price target from $6 to $7.
On Thursday, Alignment Healthcare Inc (NASDAQ:ALHC) reported a first-quarter EPS loss of $(0.25), up from $(0.20) a year ago, missing the consensus of $(0.22). The company reported sales of $628.6 million, up 43.1% Y/Y, beating the consensus of $595.13 million and the management guidance of $590 million-$600 million. The medical benefits ratio based on adjusted gross profit was 90.9%. Health plan membership at the end of the quarter was approximately 165,100, up 50.5% Y/Y. Guidance: Alignment Healthcare expects Q2 revenues of $625 million—$635 million versus the consensus of $608.65 million. The company raised its fiscal year 2024 sales outlook from $2.38 billion—$2.41 billion
Gainers Eliem Therapeutics (NASDAQ:ELYM) shares moved upwards by 32.8% to $11.14 during Friday's regular session. The market value of their outstanding shares is at $308.8 million. Ardelyx (NASDAQ:ARDX) shares rose 26.5% to $8.59. The market value of their outstanding shares is at $2.0 billion. The company's, Q1 earnings came out yesterday. Twist Bioscience (NASDAQ:TWST) stock increased by 25.81% to $40.27. The company's market cap stands at $2.3 billion. The company's, Q2 earnings came out yesterday. Tandem Diabetes Care (NASDAQ:TNDM) shares moved upwards by 25.62% to $45.93. The company's market cap stands at $2.9 billion. The company's, Q1 earnings came out yesterday. Alignment Healt
U.S. stocks were higher, with the Dow Jones index gaining over 400 points on Friday. Shares of Amgen Inc. (NASDAQ:AMGN) rose sharply during Friday's session after the company reported better-than-expected first-quarter financial results. Also, the company announced a $50 million milestone payment from Royalty Pharma. Amgen reported quarterly earnings of $3.96 per share, which beat the analyst consensus estimate of $3.87 by 2.33%. The company said EPS decreased by 1% due to higher operating and interest expenses driven by the Horizon acquisition, partially offset by higher revenues, according to data from Benzinga Pro. The company reported quarterly sales of $7.447 billion, which bea