** Shares of healthcare payments tech firm Claritev Corp MPLN.N fall as much as 56% to $12.86; set for the biggest percentage fall in a day on record
** Stock last down 31.5% at $20 in afternoon trade
** Company posts Q4 sales of $232.2 mln, below analysts' estimates of $234.4 mln, according to data compiled by LSEG
** MPLN reports Q4 net loss of $138 mln vs estimates of net loss of $44.5 mln
** Company forecasts 2025 sales to be down 2% to flat compared to FY24; analysts, on average, expect FY25 sales to be $943.7 mln
** Shares fell 73% in 2024
(Reporting by Kamal Choudhury in Bengaluru)
((Kamal.Choudhury@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.