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Written by Black Hot Fire Network on September 19, 2024
Progyny shares sink after company loses big client
Shares of Progyny tumbled 30% on Thursday after the company said it is losing a "significant" client.
Progyny, which partners with employers to provide fertility benefits, did not reveal the name of the client in its filing, which came after the closing bell Wednesday.
"The Client, which represents approximately 670,000 members as of June 30, 2024, comprised . . .