CANO / Daniel Loeb Ups Stake in Cano Health as Shares Slide

Despite a seemingly positive move on paper, Cano Health (NYSE: CANO ) — which provides value-based primary care for seniors — only saw a modest bl more_horizontal

As if it didn't have enough problems, the company received a delisting warning from its exchange. It now has six months to regain compliance with New more_horizontal

Cano Health shares plummeted to an all-time low after the health care provider for seniors warned it may not be able to continue operations and is loo more_horizontal

Cano Health isn't sure it can continue as a going concern for another year. The company is exiting several markets, cutting staff, and looking for a b more_horizontal

Wall Street is asleep at the wheel today, with the producer price index (PPI)  barely making a dent, and no big earnings reports to unpack. more_horizontal

Cano Health (NYSE: CANO ) stock is taking a beating on Friday after the healthcare company provided a business update in its latest earnings report. more_horizontal

Citi analysts downgraded the company's shares to Neutral from Buy, citing many challenges for the primary-care provider. more_horizontal

Cano Health, Inc. (NYSE:CANO ) Q2 2023 Earnings Conference Call August 10, 2023 5:00 PM ET Company Participants Mark Kent - Interim CEO Brian Koppy - more_horizontal