Health-insurance stocks rose after the government announced a new rate for Medicare Advantage. Humana shares rose 11% in after-hours trading Monday, while CVS Health and Elevance Health shares gained 7%.
Mawson added five new members to its board as part of an agreement with an activist investor. The stock gained 22%, to $3.16, after the bell.
Owlet's co-founder is returning as chief executive, and the company said it expects first-quarter revenue to be on the high end of its guidance. The stock rose 9%, to $5.56.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
Owlet, Inc. operates as a digital parenting platform company. The Company offers FDA-authorized medical and consumer pediatric wearables and an integrated HD visual and audio camera that provide real-time data and insights to parents who safeguard health, optimize wellness, and ensure peaceful sleep for their children. Its products include Owlet Dream Sock, an app to assist children with better sleep; Owlet Cam, a video streaming app to hear and see the baby from anywhere, and Owlet Monitor Duo. Its sock monitor offerings include Smart Sock, Dream Sock and BabySat. Its Cam offerings include Cam 1 and Cam 2. Combining Dream Sock or Owlet Smart Sock with Owlet Cam, this baby monitoring solution offers HD video, sleep insights, and health tracking to offer an extensive view into an infant's well-being. Its accessories product line includes the Owlet Sleeper, a wearable rayon blanket that encourages safe sleep, best for babies ages three-six months old, and an Owlet Sock Travel Case.
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