Universal American Corporation (NYSE:UAM) witnessed volume of 1.07 million shares during last trade however it holds an average trading capacity of 267,828.00 shares. UAM last trade opened at $11.39 reached intraday low of $10.81 and went +3.91% up to close at $11.15.

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Universal American Corp (NYSE:UAM) announced that it has extended the expiration date for its exchange offer to exchange up to $40,000,000 of its 8.50% Series A Mandatorily Redeemable Preferred Shares (the "Shares") for a like principal amount of its 8.5% Series A Mandatorily Redeemable Preferred Shares, which have been registered under the Securities Act of 1933.

Universal American Corp (NYSE:UAM) recently reported financial results for the quarter ended June 30, 2010. Universal American’s reported income for the six months ended June 30, 2010 was $22.4 million, or $0.29 per share. This includes $3.8 million of non-recurring tax benefits, or $0.05 per share, and after-tax net realized losses of $0.1 million, or less than $0.01 per share.