PACS Plunges After Nursing Co Delays 3Q Report, Addresses Hindenburg Report

By MarketWatch | Nov 6, 2024 at 08:34 AM EST

PACS Group shares fell after delaying its quarterly results due to investigations of allegations from Hindenburg Research. The company pledged to update as soon as possible and stated its commitment to high compliance standards. The report accused PACS of Medicare abuse. They reported a 90.

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