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
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'How much?' -- Twitter's Jack Dorsey jokes about buying the Facebook domain amid outages

7:51 pm ET October 6, 2021 (MarketWatch)

By Weston Blasi

Facebook experienced widespread outages on Monday that included disruptions for its platforms Instagram and WhatsApp

Facebook Inc. (FB) experienced widespread outages on Monday that included disruptions for its platforms Instagram and WhatsApp.

Experts say the issue appeared to be a problem with Facebook's domain-name system, or DNS. This issue has made it look like the domain is up for sale.

Jack Dorsey, the founder of Twitter (TWTR), poked fun at the outage on Monday, wondering "how much" it would cost to buy the domain.

The outage, which appears to still be an issue as of Monday afternoon, comes during a tough couple of weeks for Facebook.

See also: Will you let your child trick-or-treat this Halloween? Here's how the CDC says to do it safely

The Wall Street Journal published a series of stories on Facebook called "The Facebook Files" that detailed occurrences when the social media giant admitted its photo-sharing platform Instagram negatively impacts teen girls' mental health, allowed a few high-profile users to circumvent some of the platform's rules and made changes to its algorithm that made Facebook "angrier."

The company has since called these allegations mischaracterizations.

See also: A stock-market correction is brewing in the Nasdaq as Facebook leads tech shares south. Here are the levels to watch for other benchmarks

Shortly after the reporting was published, Facebook's former security chief says he believes that "young teens shouldn't be on social media."

A former Facebook data scientist turned whistleblower has also recently called out the company for putting profits before safety, and claiming the company has been misleading investors about how it handles hate speech and misinformation on its platform. The former employee, Frances Haugen, is testifying before Congress on Tuesday.

Shares of Facebook Inc. dropped 4.89% on Monday, outpacing a 1.3% loss on the S&P 500 index and a 2.14% loss on the tech-heavy Nasdaq Composite Index .

-Weston Blasi


(END) Dow Jones Newswires

October 06, 2021 19:51 ET (23:51 GMT)

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