BUZZ-Ardent Health rises on $50 million share buyback plan** Shares of hospital operator Ardent Health ARDT.N rise 2.7% to $8.5 premarket
** ARDT announces share buyback worth $50 million
** Says co had $609 million of cash as of end of Q3
** ARDT reported surprise quarterly loss last week, sending its shares down 32%
** Stock closed at record low on Monday
** Eight of 13 brokerages rate stock "buy" or higher, four "hold" and one "sell"; their median PT is $16 - LSEG data
** ARDT down 51.5% YTD vs 11% gain for NYSE composite index .NYA
(Reporting by Utkarsh Tushar Hathi)
((utkarshtushar.hathi@thomsonreuters.com))
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