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Alignment Healthcare is your next public unicornINTL

Alignment Healthcare is your next public unicorn

The newest unicorn looking to sprinkle its magic all over the US public markets is Alignment Healthcare.

The healthcare platform provides private insurance coverage to elder patients, among other services. It aims to raise up to $516.8m in its upcoming IPO, which would shoot its valuation up to $3.56b – not bad at all!

When the time comes, you can look up Alignment’s shares on Nasdaq under the symbol “ALHC.”

why it matters
Investors in the US can’t get enough of new stocks, and healthcare is a particularly poignant market at the moment due to you-know-who (we mean Covid-19, not Voldemort).