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NYSE puts Bright Health on notice as financial woes drag down share price

Posted On: Dec. 14, 2022 9:50 AM CST

Bright Health Group Inc.'s financial woes continue, and the company is now at risk of being de-listed from the New York Stock Exchange, reports Fierce Healthcare. The Minnetonka, Minnesota-based insurtech said Dec. 12 that it had received a notice from the bourse that it was not in compliance with the exchange's continued listing standards, as its average stock price was at less than $1 per share for 30 consecutive trading days.