|Bid||2.3400 x 4000|
|Ask||2.4900 x 3200|
|Day's Range||2.3200 - 2.5100|
|52 Week Range||2.3200 - 15.2900|
|Beta (5Y Monthly)||1.77|
|PE Ratio (TTM)||0.93|
|Earnings Date||Oct 25, 2022 - Oct 31, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 13, 2012|
|1y Target Est||5.52|
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A U.S. District Court judge dismissed Tower Health's claims against Community Health Systems (CHS) in a lawsuit connected to the sale of Pottstown Memorial Medical Center in western Montgomery County. In the 2019 lawsuit, which sought $144 million in damages, Berks County-based Tower Health alleged CHS (NYSE: CHS) was in breach of contract because Pottstown Memorial was not in compliance with necessary state and federal requirements at the time it was sold to Tower Health. Additionally, Tower Health alleged the Pottstown Hospital financial statements disclosed to Tower Health before the October 1, 2017 closing did not comply with generally accepted accounting principles (GAAP) because they failed to disclose certain contingent liabilities.
CIEN, CYH and ICUI have been added to the Zacks Rank #5 (Strong Sell) List on September 8, 2022.
A former ShorePoint Health Venice employee filed the lawsuit Aug. 29 — on behalf of herself and approximately 600 other employees — alleging CHS and the hospital violated the Worker Adjustment and Retraining Notification Act.