AGL - agilon sheds 14% biggest drop in over a year on investor day
2023-03-30 13:05:43 ET
- Shares of value-based care provider agilon health ( NYSE: AGL ) lost ~14% on Thursday to mark the biggest intraday drop since March 2022, coinciding with the company’s 2023 Investor Day.
- More than 4.2M AGL shares have changed hands compared to the 65-day average of ~2.3M, and the stock is trading at the lowest level in more than a month.
- At the investor day, agilon ( AGL ) was expected to highlight the company’s long-term strategic priorities, growth drivers, patient and physician impact, and financial outlook.
- Ahead of the event, the company announced two long-term partnerships to expand access to value-based care in Southwest Ohio and West Michigan.
- Agilon ( AGL ) said that Dayton, Ohio-based Premier Health and Holland PHO, a partnership between community physician groups in and around Holland and Holland Hospital in West Michigan, partnered with the company in those initiatives.
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agilon sheds 14%, biggest drop in over a year on investor day