Universal American to list on NYSE
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- November
- 19
Universal American Financial Corp. will become Universal American Corp. effective Dec. 3 and begin trading its shares on the New York Stock Exchange, the company announced today.
The new name reflects the company’s move into the health-care arena through products such as health insurance, managed care and prescription drug benefits.
The Rye Brook company is a leading provider of Medicare Advantage and Medicare prescription-drug plans offered to seniors.
Along with the new name comes a switch in stock exchanges where the company shares trade. Universal American will leave the Nasdaq Stock Market in favor of NYSE and trade under a new ticker symbol: UAM.
Shares of the company ended yesterday’s trading session fractionally lower, losing 17 cents to close at $24.16.









