Previous close | 4.8700 |
Open | 4.4050 |
Bid | 4.4800 x 36200 |
Ask | 4.4700 x 28000 |
Day's range | 4.3100 - 4.7800 |
52-week range | 2.9200 - 10.7400 |
Volume | |
Avg. volume | 18,494,281 |
Market cap | 2.707B |
Beta (5Y monthly) | 1.23 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.74 (15.20%) |
Ex-dividend date | 19 Apr 2024 |
1y target est | N/A |
(Bloomberg) -- Steward Health Care System LLC filed for bankruptcy early Monday after a period of mounting financial challenges and government scrutiny over the impact of its hospital closures on patients. Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls Far ShortAt $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Repaid From Personal AccountJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’Truce Talks Drag as Hama
Steward Health Care, which operates 31 hospitals in eight U.S. states, filed for Chapter 11 bankruptcy in Texas on Monday, aiming to secure a new loan from its landlord Medical Properties Trust. The company, which recently closed a hospital in Massachusetts, has been sharply criticized by officials in that state over what they call risky financial decisions made by its current management and former private equity owners, including a transaction that sold off the company's real estate and saddled it with long-term rent costs at its hospitals.
NEW YORK (Reuters) -Steward Health Care, which operates 31 hospitals in eight U.S. states, filed for Chapter 11 bankruptcy in Texas on Monday, aiming to secure a new loan from its landlord Medical Properties Trust. The company, which recently closed a hospital in Massachusetts, has been sharply criticized by officials in that state over what they call risky financial decisions made by its current management and former private equity owners, including a transaction that sold off the company's real estate and saddled it with long-term rent costs at its hospitals. Democratic Massachusetts Attorney General Andrea Joy Campbell said Steward's bankruptcy should provide state officials with more insight into the company's financial condition and whether it compromised patient care in its pursuit of profits.