Stocks of for-profit hospital companies stayed relatively quiet last week after a difficult week hit the sector a week prior.
During the week of April 7-11, hospital stocks were down across the board, with King of Prussia, Pa.-based Universal Health Services and Franklin, Tenn.-based Community Health Systems each losing more than 8 percent.
However, last week, in which Wall Street was closed to observe Good Friday, stocks leveled off. Four of the five main hospital operators gained share value, though the gains were limited to no more than 1.7 percent. Brentwood, Tenn.-based LifePoint Hospitals lost an additional 1.8 percent one week after it lost 3.5 percent.
• Community Health Systems (Franklin, Tenn.): $35.68 per share (up 0.88 percent)
• Hospital Corporation of America (Nashville, Tenn.): $49.01 per share (up 1.66 percent)
• LifePoint Hospitals (Brentwood, Tenn.): $51.20 per share (down 1.78 percent)
• Tenet Healthcare Corp. (Dallas): $39.72 per share (up 0.97 percent)
• Universal Health Services (King of Prussia, Pa.): $74.65 per share (up 0.05 percent)
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