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Clover Health pops at open but fades as Reddit trade finds new targets

   June 09, 2021

Shares of Clover Health surged at the open on Wednesday before reversing those early gains, continuing a volatile period for the Medicare insurance stock that has become a favorite of traders on Reddit. Clover was trading at $20.39 per share shortly before 10:30 a.m. ET, down about 8% from its previous close. The stock rose as high as $28.85 per share earlier in the session.

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