Shares of Social Capital Hedosophia Holdings Corp. III (NYSE: IPOC) , which is now known as Clover Health and will trade under the ticker symbol "CLOV" for Class A shares, jumped 61.4% in December, according to data provided by S&P Global market Intelligence , as investors anticipated the official business combination.
There wasn't any significant news out from Clover Health during December, but the market rose sharply and growth stocks like this were a favorite of investors.
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Why Clover Health's Shares Popped 61.4% in December