10 Firms Kick Off Shortened Trading Week With Impressive Gains

2. Oscar Health, Inc. (NYSE:OSCR)

Oscar Health, Inc. (NYSE:OSCR) saw its share prices surge by 17.76 percent on Tuesday to finish at $15.85 apiece as investors resumed bargain-hunting after hitting a new all-time low last week.

Last Thursday, OSCR fell to its lowest in a year at $12.43 apiece, before bargain-hunting began pushing the company’s share prices higher on Friday.

In recent news, OSCR reported mixed earnings performance in the fourth quarter of 2024.

In three months ending December 2024, Oscar Health said net loss expanded to $153 million from the $150 million registered in the same period a year ago. However, it swung to a net income of $25.4 million in full-year 2024 from a $271 million net loss in 2023.

Revenues for both the fourth quarter and full year came in higher by 67 percent and 57 percent, respectively.

For this year, Oscar Health said it targets to book between $11.2 billion and $11.3 billion in total revenues, or an increase of 23 percent year-on-year.