Pennant Group Inc PNTG
NASDAQ · United States · Health Services
$38.26-0.74 (-1.90%)
Market open· · USD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market open· · USD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Total return, dividends included.
From novel pharmaceuticals to telemedicine, most healthcare companies are on a mission to drive better patient outcomes. Shareholders who bet on the industry have been rewarded lately as healthcare stocks have returned 46.9% over the past six months, topping the S&P 500 by 25.5 percentage points.
Pennant Group (NasdaqGS:PNTG) has acquired the real estate of Mainplace Senior Living in Orange, California, expanding its owned property footprint. The transaction shifts Mainplace Senior Living from a leased facility to an owned asset under Pennant Group's control. Management describes the purchase as aligned with its disciplined approach to capital allocation and long term value creation through selective ownership. The acquisition of Mainplace Senior Living's real estate is a meaningful...
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Growth is oxygen. But when it evaporates, the consequences can be severe - ask anyone who bought Cisco in the Dot-Com Bubble or newer investors who lived through the 2020 to 2022 COVID cycle.
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