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News  ›  GlobeNewswire Inc.

Ardent Health, Inc. INVESTIGATION: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud on behalf of Investors (ARDT)

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Kirby Mcinerney Llp
Ardent Health, Inc. INVESTIGATION: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud on behalf of Investors (ARDT)

Ardent Health, Inc. disclosed a $43 million revenue reduction and $54 million professional liability reserve increase, causing its stock price to drop 33.8% and triggering a potential securities fraud investigation.

Insights
PEP   positive

Highlighted as a Dividend King with attractive valuation metrics and a high dividend yield


ARDT   negative

Company reported significant revenue reduction, increased liability reserves, and experienced a substantial stock price decline, indicating serious financial and potential legal challenges