Author Bio
Demitri covers consumer goods and media companies for Fool.com, as well as broader moves in the economy.
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What happened
eHealth (NASDAQ:EHTH) shareholders beat a rising market last month. Their stock jumped 22% in March compared to a 4.2% increase in the
The spike didn t erase all of the stock s recent losses, though, and eHealth is still trailing the market s 8% increase so far in 2021.
Image source: Getty Images.
So what
The online insurance provider s stock has been recovering since the drubbing it took following the preliminary fourth-quarter earnings report management issued in late January. Its official results, about a month later, topped those projections as sales declines landed at 3%. Investors were happy to hear eHealth forecast a quick return to growth in the current quarter, and that optimism likely drove the stock s rally last month.
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