Cano Health stock rebounds with 40% pop after former director says he and others agreed ‘to pursue change’

Shares of Cano Health Inc.

were up more than 40% in afternoon trading Monday after Barry Sternlicht, a former board director, disclosed in a 13D filing with the Securities and Exchange Commission that he, two others who recently left Cano’s board, and certain of their affiliates have entered into an agreement “to act together to pursue change” at the company, “including, but not limited to, the replacement of the CEO, sale of non-core assets and enhancement of shareholder value.

were up more than 40% in afternoon trading Monday after Barry Sternlicht, a former board director, disclosed in a 13D filing with the Securities and Exchange Commission that he, two others who recently left Cano’s board, and certain of their affiliates have entered into an agreement “to act together to pursue change” at the company, “including, but not limited to, the replacement of the CEO, sale of non-core assets and enhancement of shareholder value.

Health Health Latest News, Health Health Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bronx health care fair marks start of National Minority Health Month and National Public Health WeekA health care fair was held for Bronx families Saturday, marking the start of National Minority Health Month and National Public Health Week. What would help both would be locking up criminals
Source: CBSNewYork - 🏆 268. / 63 Read more »