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Cano Health, Inc. (CANO)
Pre-market:
- Motley Fool
Why Cano Health's Shares Dropped 27.9% in December
Shares of Cano Health (NYSE: CANO) fell 27.9% in December, according to data provided by S&P Global Market Intelligence. The company provides health and dental care management, with pharmacy services, home visits, telehealth, wellness activities, and transition care, mainly to Medicare Advantage members.
- Motley Fool
Why Shares of Cano Health Are Slumping This Week
Shares of Cano Health (NYSE: CANO) were down as much as 35.6% this week and were still down 31.2% for the week as of late Thursday afternoon, according to data from S&P Global Intelligence. The stock fell even further after investment advisor Third Point, run by Dan Loeb, worried about Cano's liquidity, sold its remaining 3.5% stake in the company, according to a Bloomberg report. Cano, as of the third quarter, reported only $24 million in cash and cash equivalents.
- Motley Fool
Why Cano Health's Shares Dropped 46.9% in November
What happened Cano Health (NYSE: CANO) saw its shares drop 46.9% last month. The company operates primary care and connected medical practices for seniors in Florida, Texas, Nevada and Puerto Rico. The company's stock closed October at $3.
