How for-profit hospital operator stocks fared over the first half of 2018

The five major for-profit hospital operators saw their stock prices fluctuate throughout the first half of the year.

For instance, shares of Franklin, Tenn.-based Community Health Systems rose on Jan. 11 after it was revealed Chinese investor Tianqiao Chen and his group of companies bought more shares. Shares of Nashville, Tenn.-based HCA Healthcare also rose more than 9 percent after the hospital operator released better-than-expected financial results Jan. 30. Additionally, shares of CHS tumbled midday March 13 after a report revealed the hospital operator hired Lazard as a restructuring adviser.

Here is each stock's high and low between Jan. 1 and June 20:

Community Health Systems (Franklin, Tenn.)

High: $6.18 per share (Feb. 27)

Low: $3.71 per share (April 26) 

HCA Healthcare (Nashville, Tenn.)

High: $107.79 per share (June 20)

Low: $84.96 per share (Jan. 10) 

LifePoint Health (Brentwood, Tenn.)

High: $55.75 per share (June 11)

Low: $42.75 per share (Feb. 23)  

Tenet Healthcare (Dallas)

High: $38.35 per share (June 11)

Low: $14.77 per share (Jan. 10)  

Universal Health Services (King of Prussia, Pa.)

High: $127.27 per share (March 8)

Low: $110.15 per share (Jan. 8)  

 

More articles on healthcare finance:
Fitch: State governments will spend 8% more on healthcare by 2025
8 recent hospital, health system outlook and credit rating actions
5 recent RCM service expansions

%MCEPASTEBIN%

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Articles We Think You'll Like

 

Featured Whitepapers

Featured Webinars