NEW YORK, NY - (NewMediaWire) - January 26, 2024 - Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Agilon Health, Inc. (“Agilon”) (NYSE: AGL). Click Here to Join Investigation.
If you acquired Agilon securities and would like to discuss our investigation, please click here or contact us by emailing pmayer@kaplanfox.com or by calling (646) 315-9003.
On January 5, 2024, Agilon announced revised guidance expectations for 2023 due to higher medical and non-medical costs. Among other things, Agilon’s “revised 2023 medical margin expectation was revised to $340 million to $360 million, approximately $110 million below the previous guidance range” due to “90 million in higher-than-expected medical costs, as well as $20 million of negative revenue revision with two regional health plans in new geographies.” The Company also announced that its CFO would step down in 2024.
Following this news, Agilon's stock price fell $3.45 per share, or 28.56%, to close at $8.63 per share on January 5, 2024.
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If you have any questions about this investigation, please contact:
Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003
E-mail: pmayer@kaplanfox.com
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
Fax: (415) 772-4707
E-mail: lking@kaplanfox.com