US Stock Market Move | Oscar Health (OSCR.US) rose by over 16%, with a two-day increase of 35%.
On Friday, Oscar Health (OSCR.US) surged over 16%, with a 35% increase over the past two trading days, closing at $21.79.
On Friday, Oscar Health (OSCR.US) surged over 16%, with a total increase of 35% over the past two trading days, closing at $21.79. On the news front, analysts pointed out that Oscar Health's fundamentals are strong, with strong first-quarter revenue and free cash flow reaching $1 billion. Additionally, the company's connection with President Trump and the benefits from government subsidies may impact the stock.
Oscar Health's association with Trump is primarily through Joshua Kushner, who is the co-founder and vice-chairman of Oscar Health as well as the brother of Trump's senior advisor Jared Kushner. Jared Kushner's wife is Ivanka Trump, the daughter of President Trump. Therefore, Oscar Health is indirectly related to the Trump family through Joshua Kushner's family connections.
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