Why did clover go up today

The increase in Clover Health Investments (CLOV) stock price today can be attributed to several factors:

1. Earnings Report: Clover Health reported a net income of $7.4 million for Q2 2024, which is its first profitable quarter as a public company. This positive financial performance is a significant improvement from the previous year's net loss of $28.8 million.
2. Star Rating Increase: Clover Health's star rating increased by 0.5 stars, which could positively impact future top line and bottom line growth. This improvement in the company's rating is a testament to the effectiveness of Clover Assistant, the company's AI-driven technology platform.
3. Market Sentiment: The overall market sentiment towards insurance stocks has been positive, with LIC and ICICI Prudential Life Insurance Company reporting strong Q1 results. This positive sentiment in the insurance sector could have a spillover effect on Clover Health's stock price.

These factors, combined with the company's successful execution of its earnings report and the positive market sentiment, likely contributed to the increase in Clover Health's stock price today.