Published on 13 Jul 2023 on Simply Wall St. via Yahoo Finance
Investors in Bright Health Group (NYSE:BHG) from a year ago are still down 89%, even after 26% gain...
Bright Health Group, Inc. (NYSE:BHG) shareholders should be happy to see the share price up 27% in the last month. But that isn't much consolation for the painful drop we've seen in the last year. Indeed, the share price is down a whopping 89% in the last year. It's not uncommon to see a bounce after a drop like that. Only time will tell if the company can sustain the turnaround. We really hope anyone holding through that price crash has a diversified portfolio. Even when you lose money, you don't have to lose the lesson.
While the stock has risen 26% in the past week but long term shareholders are still in the red, let's see what the fundamentals can tell us.
See our latest analysis for Bright Health Group