Clover Health Up Again After CMS Star Rating Shift Alters 2027 Payment View
Clover Health Investments, Corp. shares are up as the company finally got clarity on a key question hanging over its 2027 forecast: would its main Medicare Advantage plan land at 3.5 or 4.5 stars? Investors got an answer this week. On June 10, Clover said in a Form 8-K that CMS bumped the 2026 Star Rating for Contract H5141, its PPO plan, to 4.5 stars. The move follows a federal judge tossing the earlier 3.5-star rating. Clover shares ended Wednesday at $4.89, up 13.99% on the day, giving the company a market cap of roughly $2.58 billion. Early Thursday, StockAnalysis showed CLOV at $5.29 in premarket activity, up another 8.18%. Google Finance put the stock’s 52-week high at $5.14, with that level reached as shares spiked.