Why Oscar Health, Inc. (OSCR) Skyrocketed On Wednesday

We recently published a list of Why These 10 Stocks Soared Today. In this article, we are going to take a look at where Oscar Health, Inc. (NYSE:OSCR) stands against other Wednesday’s best-performing stocks.

The stock market rebounded on Wednesday, with all major indices ending in the green as investors cheered the Federal Reserve’s decision to keep interest rates unchanged.

On Wednesday afternoon, the Fed kept rates steady at a range of 4.25 percent to 4.5 percent, saying that it was not in a hurry to cut rates and could still “wait and see” the impact of President Donald Trump’s tariff policies.

The Dow Jones rallied by 0.70 percent, the S&P 500 increased by 0.43 percent, and the Nasdaq grew by 0.27 percent.

Beyond the major indices, 10 firms stood out with strong gains, thanks to a flurry of fresh developments, including new partnerships, optimistic outlooks, and impressive earnings performance. In this article, we name Wednesday’s 10 best-performing stocks and detail the reasons behind their gains.

To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.

Oscar Health, Inc. (NYSE:OSCR)

Oscar Health skyrocketed by 30.22 percent on Wednesday to close at $17.02 per share after reporting a strong earnings performance in the past quarter.

During the period, Oscar Health, Inc. (NYSE:OSCR) said it achieved a 55-percent increase in net income attributable to the company, at $275 million versus the $177 million in the same period last year.

Revenues were also higher by 42 percent to $3.05 billion from $2.14 billion year-on-year.

During the quarter, its membership increased by 40.7 percent to 2.04 million from 1.4 million in the same period a year ago.

“We continue to expect meaningful margin expansion this year as we deliver superior value to our members and partners,” said Oscar Health, Inc. (NYSE:OSCR) CEO Mark Bertolini, adding that the company has reaffirmed its full year 2025 outlook across all metrics.

Oscar Health, Inc. (NYSE:OSCR) expects revenues between $11.2 billion and $11.3 billion and operational earnings of $225 million to $275 million.

Overall, OSCR ranks 1st on our list of Wednesday’s best-performing stocks. While we acknowledge the potential of OSCR as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than OSCR but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.