Tenet Healthcare Stock Surges in After-Hours on Reports of Potential Sale - Stock Market Today -BoardProspects

Tenet Healthcare Stock Surges in After-Hours on Reports of Potential Sale

Stock Market Today Sep 13 2017 BoardNews

Shares of the Dallas-based healthcare services company Tenet Healthcare ( THC ) were climbing over 14% in after-hours trading after Dow Jones reported that the company is exploring options related to its future, including the possible sale of the company. Tenet announced last month that it would replace chairman and CEO Trevor Fetter as director and CEO amid pressure from Glenview Capital Management, an activist investor who owns a 17.8% stake in the company...
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Authors
- Giovanni Bruno