ALHC is down -16% today. Let's zoom in:

Shares of Alignment Healthcare, Inc. (ALHC) are trading -16% lower at a price of $13.51 at the time of this writing. While it's a glum day for the Health Care sector in general, the stock is lagging behind it's peers.

The company recently announced it is commencing an underwritten public offering of 9,000,000 shares of common stock.

Alignment Healthcare, Inc. has been trading between a 52-week high of $23.35 and a 52-week low of $6.14. The stock has a market cap of $2.53 Billion.

Alignment Healthcare is a consumer-centric platform delivering customized health care in the United States to seniors and those who need it most, the chronically ill and frail, through its Medicare Advantage plans. Alignment Healthcare provides partners and patients with customized care and service where they need it and when they need it, including clinical coordination, risk management and technology facilitation. Alignment Healthcare offers health plan options through Alignment Health Plan, and also partners with select health plans to help deliver better benefits at lower costs.