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Is Oscar Health Pre-Market Sell-Off An Overreaction? Why?

It’s selling off because of Trump win? yes, but I think is an overreaction. Why? because of one simple reason and thats because of Joshua Kushner one of the co-founders Oscar Health, a health insurance company. Joshua Kushner is not the CEO of Oscar Health, but rather its co-founder and vice-chairman.
Mario Schlosser was the CEO until April 3, 2023, when Mark Bertolini took over as CEO.
He is the younger brother of Jared Kushner, the son-in-law and advisor to President Donald Trump. So in my opinion, this is an overreaction.
The company reports earning during the Pre-market on Nov 7,2024
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