Replies to post #3950 on Mountain High Stock Club

[EZ2]

EHealth Shredded as Uncertainty Builds -- Market Talk


DOW JONES & COMPANY, INC. 2:38 PM ET 07/31/14

Symbol Last Price Change

EHTH 21.41down -10.24 (-32.35%)

QUOTES AS OF 02:39:13 PM ET 07/31/2014

14:38 EDT - EHealth(EHTH) has lost 1/3 of its $600M market cap today, and perhaps it's no surprise when you have investment banks like Jefferies using words like "disastrous" to describe its 2Q report. The online health-insurance seller slashed guidance while missing estimates last quarter. The number of individual and family-plan members fell 6% on-year, a decline Jefferies wasn't expecting, and "more worrisome is that mgmt can't fully explain" it. Stifel Nicolus downgrades EHTH to sell, saying, "Investors should avoid companies facing uncertainty, such as eHealth, because while the company faces a large market opportunity, we believe the growth trajectory is not clearly defined and involves significant volatility." Shares quadrupled within a year to reach $63.32 in January, but EHTH is now at $21.39, hitting a 15-month low. ([e-mail]; @kevinkingsbury)


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07-31-141438ET
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