HIIQ - Health Insurance Innovations Pushes Back Against Sensationalism To Start The New Year Up 34%
Analysis is concerned primarily with values which are supported by the facts and not with those which depend largely upon expectations. - Benjamin Graham
Shares of Health Insurance Innovations (HIIQ) tumbled over 50% last quarter as investor consternation spiked, primarily related to an FTC complaint against Simple Health, an independent company with ties to HIIQ.
It didn't help that major indices were in a mid-free fall when this development emerged.
The initial perception of risk associated with the Simple Health story was quickly factored into the market valuation of HIIQ. Despite concrete indications that the