MSP Recovery, Inc. (NASDAQ:LIFW) shares are trading higher Monday and have been halted multiple times for volatility.
What To Know:
Shares of LIFW are up on heavy trading volume Monday. According to data from Benzinga Pro, more than 44.9 million shares have already been traded in the session, compared to the stock’s 100-day average of 2.126 million shares.
On Oct. 30, MSP Recovery announced it is now in compliance with all applicable Nasdaq listing standards, per a correspondence it received from Nasdaq on Oct. 27, allowing the company’s Class A common stock to continue to be listed and traded on the exchange.
MSP Recovery, Inc. doing business as LifeWallet, is a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery specialist. MSP Recovery uses data and analytics to identify and recover improper payments and has developed over 1,400 algorithms to identify waste, fraud and abuse in the Medicare, Medicaid and commercial health insurance segments.
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LIFW Price Action: According to Benzinga Pro, MSP Recovery shares are up 475% at $15.77 at the time of publication.
Image: Vicky Gharat from Pixabay
