Why ALHC fell 24.9% on Oct 9 2026: star rating downgrade
ALHC-24.9%on Fri Oct 9 2026
Alignment Healthcare, Inc. Common Stock was down 24.9% on the day at $6.54, ranked #1 on 234× its usual five-minute volume, when TapeRank recorded this drop at 09:30 ET during regular hours.
THE DAY ON THE LIST · 1 EVENT
- 09:30 ETMOVER · REGULAR
$6.54 · ▼ 24.9% ON THE DAY · 234× 5M RVOL · RANK #1
JUSTIFIEDCONFIDENCE5/5ALHC is down 17.7% pre-market after CMS lowered the 2027 Star Rating for its California HMO serving approximately 75% of membership from 4.0 to 3.5 stars. The impact is delayed until fiscal 2028 and partly offset by provider risk sharing, but the broad exposure and likely reduction in quality bonus payments support a substantial repricing.
WHYA 17.7% decline is large, but proportionate to a material CMS rating downgrade affecting 75% of membership and future bonus payments.ANALYZED 09:07 ET · 23 MIN AGO · OPENAI/GPT-5.6-LUNATHE ROW AND SESSION LEVELS AT 09:30 ET
LAST6.54DAY▼ 24.9%5 MIN▼ 5.35%5M RVOL234×5M $VOL$7.6MFLOAT*207.4MRANK#1SESSIONREGULARVWAP6.95HOD7.33LOD6.50OR HIGH—OR LOW—PREV CLOSE8.71PM HIGH7.33PM LOW6.50GAP▼ 20.78% (indicated)* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
— MEANS THE LEVEL DID NOT EXIST YET AT THAT INSTANT, NOT ZERO
THE SESSION
- 09:30 ETOpened at $6.93, -20.4% on the previous close of $8.71
- 09:31 ETRegular-session low, $6.01
- 14:11 ETRegular-session high, $7.71
- 15:59 ETLast trade of the regular session, $7.55, -13.4% on the previous close of $8.71
- Volume: 23.2M shares in regular hours, 1.8M before the open
ALHC opened at $6.93 after closing at $8.71, then fell to $6.01 at 09:31 ET before recovering through the session. It reached $7.71 at 14:11 ET and finished at $7.55, with no trading halts. TapeRank’s read tied the move to CMS lowering the 2027 Star Rating for the California HMO serving approximately 75% of membership from 4.0 to 3.5 stars, which could reduce future quality bonus payments; the impact was delayed until fiscal 2028 and partly offset by provider risk sharing.
WRITTEN THU OCT 15 2026 18:03 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE
FILINGS AND NEWS · 24H BEFORE THE MOVE
- 09:04 ETKeybanc Maintains Overweight on Alignment Healthcare, Lowers Price Target to $12Benzinga
- THU 17:13 ET8-K — Regulation FD DisclosureSEC 8-K
On the tape right now
WHERE THE LIST STOODWED NOV 4 2026 · 13:49 ETRECORDED LIVE · 742 QUALIFY
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