GoHealth Raises $914 Million In IPO

GoHealth's shares jumped 23% after it's initial public offering (IPO) that raised $914 million. The company's shares surged on its first day of trading as a public company. It's the largest health care IPO so far in 2020.

GoHealth, a Medicare-focused health insurance marketplace, joins a growing list of technology-enabled health care companies that are testing the public markets. GoHealth has been around for 20 years and operates a health insurance portal offering a variety of plans that allows customers to compare numerous insurance options such as family health plans and self-employed insurance . . .