Nursing Home Operator PACS Tumbles After Hindenburg Short Report

By Yahoo! Finance | Nov 4, 2024 at 02:26 PM EST

PACS Group, Inc. shares plunged 33% after Hindenburg Research's report accused the company of defrauding taxpayers. The firm, which went public in April, faces its worst trading day amid allegations. The company did not respond to requests for comment.

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