Cano Health(CANO),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community

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CANO Cano Health

Halted 12-11 14:15:29 EST

2.30

+0.00

0.00%

High2.30	Low2.30	Vol0.00
Open2.30	D1 Closing2.30	Amplitude0.00%
Mkt Cap12.43M	Tradable Cap12.43M	Total Shares5.41M
T/O396.92K	T/O Rate0.00%	Tradable Shares5.41M
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

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(CANO) AND COMMENCES DELISTING PROCEEDINGSSource text for Eikon:    Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["NYSE","BK4185","CANO"],"gpt_icon":0},{"id":"2409984102","title":"Cano Health Shares Plummet Premarket After Chapter 11 Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2409984102","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2409984102?lang=en_us&edition=fundamental","pubTime":"2024-02-05 18:54","pubTimestamp":1707130440,"startTime":"0","endTime":"0","summary":"Shares of Cano Health plunged more than 50% in premarket trading Monday after the operator of primary-care medical centers said it filed for chapter 11 bankruptcy as part of an agreement with its lenders to pare its debt load.Cano late Sunday said it struck a restructuring support agreement with lenders holding about 86% of its secured revolving and term-loan debt and 92% of its senior unsecured notes that will allow the Miami company to  substantially reduce its debt.Cano said it has initiated prearranged, voluntary chapter 11 bankruptcy proceedings to facilitate the restructuring, adding that some of its lenders will provide $150 million in debtor-in-possession financing to support its operations through the restructuring process.Cano shares, which closed Friday at $2.30, were recently down 52% to $1.11 in premarket trading.Shareholders are generally wiped out in bankruptcy cases.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CANO","BK4185"],"gpt_icon":0}],"profile":{"websiteUrl":"http://www.canohealth.com","stockEarnings":[{"period":"1week","weight":0},{"period":"1month","weight":0},{"period":"3month","weight":0},{"period":"6month","weight":0},{"period":"1year","weight":0},{"period":"ytd","weight":0}],"compareEarnings":[{"period":"1week","weight":0.0054},{"period":"1month","weight":0.009},{"period":"3month","weight":0.0455},{"period":"6month","weight":0.1517},{"period":"1year","weight":0.1406},{"period":"ytd","weight":0.1732}],"compareStock":{"symbol":"SPY","name":"SPDR S&P 500 ETF Trust"},"description":"Cano Health, Inc. provides primary care medical services to its members in the United States and Puerto Rico. It owns and operates medical centers enabled by CanoPanorama, a proprietary population health management technology-powered platform that provides the healthcare providers at its medical centers with a 360-degree view of their members with actionable insights to improve care decisions and member engagement. The company also operates pharmacies, as well as provides dental services in its medical centers. As of July 2, 2021, it operated 106 owned medical centers and approximately 800 affiliate providers serving approximately 197,000 members. 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