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The latest announcement is out from Waterdrop ( (WDH) ).
Waterdrop Inc. reported significant financial growth in the third quarter of 2024, with a net profit increase of 152.6% year-over-year and a 20.4% rise in first-year premiums from its insurance business. The company also expanded its medical crowdfunding coverage and achieved notable progress in AI applications and digital clinical trial solutions, highlighting its strong market positioning and commitment to sustainable growth.
More about Waterdrop
Waterdrop Inc. is a leading technology platform focused on insurance and healthcare services, aiming for a positive social impact. The company operates in the insurance and medical crowdfunding sectors, leveraging data-driven insights, unique product offerings, and diversified distribution channels to maintain a competitive edge.
YTD Price Performance: 21.00%
Average Trading Volume: 194,298
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $447.9M
Learn more about WDH stock on TipRanks’ Stock Analysis page.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
