Select Medical Holdings shares are trading higher after the company reported better-than-expected Q1 adjusted earnings and sales.
Portfolio Pulse from Benzinga Newsdesk
Select Medical Holdings reported better-than-expected Q1 adjusted earnings and sales, leading to a rise in its share price.
May 02, 2024 | 10:15 pm
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Select Medical Holdings reported higher than expected Q1 adjusted earnings and sales, causing its shares to trade higher.
The positive earnings and sales report for Q1 significantly exceeded market expectations, which typically leads to an increase in investor confidence and demand for the stock, driving up its price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100