This post was originally published on this site
However, the stock has lost 58.6% over the past year and 40.9% over the past month to close yesterday’s trading session at $5.36. After reporting unimpressive second-quarter financials, it also hit its all-time low of $4 on August 13, 2021. While health insurance companies such as GOCO could witness increased activities during the open enrollment period for 2022 Medicare coverage, their costs are also expected to increase. Moreover, GOCO has seen a decrease in hedge fund sentiment lately. So, its near-term prospects look bleak.
Here are the factors that could shape GOCO’s performance in the upcoming months:
