InnovAge Holding (INNV) stock, explained like you're 5

Is InnovAge Holding a small, medium or large cap company?

No. InnovAge Holding is a small cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 1.2 billion dollars.

Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.

How InnovAge Holding makes money

• Selling medicines, medical devices or healthcare services.
• Insurance premiums or hospital and clinic fees.
• Research and licensing deals.

What moves INNV stock

• Results from clinical trials and approvals from regulators.
• Drug prices, insurance rules and government policy.
• Patents running out and new competing treatments.

In the news lately

• InnovAge (NASDAQ:INNV) Stock Rating Cut to "Buy" at Wall Street Zen (MarketBeat)
• (INNV) Movement as an Input in Quant Signal Sets (Stock Traders Daily)
• InnovAge Holding (INNV), Why Is It Getting Fresh Attention? (Yahoo Finance)
• A $292,581 share sale is proposed by InnovAge (NASDAQ: INNV) affiliate Nicole Damato. (Stock Titan)
• InnovAge (INNV) Shares Tumble 9% After Hours: Here's Why (Benzinga)

Key terms to know before you follow INNV

• Market cap
• P/E ratio
• EPS (earnings per share)
• Earnings report
• Volatility