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Why Clover Health Stock Is Soaring Today

Why Clover Health Stock Is Soaring Today

This amendment acknowledged that the stock's recent momentum could be the result of a short squeeze. Clover Health didn't just call attention in its prospectus amendment to "widespread speculation that our current trading price is the result of a short squeeze." Clover Health's acknowledgement of the short squeeze seems to be making some more adamant about piling into the stock and riding the momentum as long as possible.