Alphabet-backed Oscar Health valued at $7.09 billion in lackluster debut
https://www.reuters.com/article/us-oscar-health-ipo/alphabet-backed-oscar-health-valued-at-7-09-billion-in-lackluster-debut-idUSKCN2AV2AO
Shares of Oscar Health fell more than 7% in their stock market debut on Wednesday, fetching a valuation of just over $7 billion for the health insurance startup backed by Google parent Alphabet Inc.