Chemed Corp
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Health Care : Health Care Providers & Services | Mid Cap Blend
Company profile

Chemed Corporation purchases, operates, and divests subsidiaries engaged in diverse business activities. The Company operates through two segments: the VITAS segment and Roto-Rooter segment. The VITAS segment provides hospice and palliative care services to its patients through a network of physicians, registered nurses, home health aides, social workers, clergy and volunteers. The Company's VITAS business is operated in the state of Florida. Roto-Rooter segment provides plumbing, drain cleaning, excavation, water restoration and other related services to residential and commercial customers. Its services are provided through a network of company-owned branches, independent contractors, and franchisees. The Company's subsidiaries include Chemed RT, Inc., Comfort Care Holdings Co., Comfort Care Holdings Co. and others.

Closing Price
Day's Change
12.45 (2.98%)
B/A Size
Day's High
Day's Low

10-day average volume:

Sphere 3D stock pulls back sharply after after share, warrant offering

10:19 am ET September 3, 2021 (MarketWatch)

Shares of Sphere 3D Corp. (ANY) tumbled 26.6% on heavy volume of 35.4 million shares in morning trading Friday, to pull back from a 3 1/2-year high, after the computing, storage and networking technologies company announced the pricing of a $192.1 million direct offering of common stock and warrants. The company said before the opening bell that the offering to institutional investors to buy one common share and one-half warrant to buy one common share priced at $8.50 each. The company said it will use the proceeds of the offering in part to fund the previously announced purchase of bitcoin mining machines. The offering takes advantage of the stock's recent rally. It soared 41.8% on Thursday to the highest close since March 2018, and had blasted 173.3% higher since the announcing of the purchase of bitcoin mining machines through Thursday. It has now rallied 382.5% year to date, while bitcoin has climbed 75.0% and the S&P 500 has gained 20.7%.

-Tomi Kilgore


(END) Dow Jones Newswires

September 03, 2021 10:19 ET (14:19 GMT)

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