Pennant Group Inc
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Health Care : Health Care Providers & Services | Small Cap Blend
Company profile

The Pennant Group, Inc. is a provider of healthcare services to patients or residents of all ages, including the growing senior population, in the United States. The Company operates multiple lines of business, including home health, hospice and senior living across, Arizona, California, Colorado, Idaho, Iowa, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin and Wyoming. It provides home health and hospice services through approximately 88 agencies and senior living services at approximately 54 communities with approximately 4,127 units in its assisted living, independent living and memory care business. The Company operates through two segments: home health and hospice services, and senior living services. Home health and hospice services segment includes its home health, hospice and home care businesses. Senior living services segment includes its assisted living, independent living and memory care communities.

Closing Price
$10.70
Day's Change
0.29 (2.79%)
Bid
--
Ask
--
B/A Size
--
Day's High
10.76
Day's Low
10.18
Volume
(Heavy Day)
Volume:
160,775

10-day average volume:
121,113
160,775

Roblox stock slide continues after hours as August metrics come out

5:16 pm ET September 15, 2022 (MarketWatch)
Print

Roblox Corp. shares continued to decline following Thursday's close after the social-media platform released August metrics. On Thursday, the company said that its number of daily active users rose 24% to 59.9 million for the month of August, revenue was between $208 million and $211 million, for a 22% to 24% rise from a year ago, and bookings were up 5% to 7% to between $233 million to $237 million, held back by a strengthening U.S. Dollar. The actual numbers had been first been released about an hour before the market close, and coincided with a sharp stock price drop of about 7% within a few minutes to about $43. Shares, which had been up around 2.5% before the August numbers started to circulate, closed down 3.5% for the day at $43.50. After hours, shares declined another 2%. A month ago, Roblox shares fell after the company's year-over-year bookings unexpectedly declined for a second quarter in a row but was quick to note that July numbers were improving. Starting the week, one analyst covering Roblox cautioned that the rise of the so-called metaverse should not be necessarily equated with success at Roblox. While the company is a forerunner in providing users the means to create virtual worlds and communities, Cowen analyst Doug Creutz said companies with deeper pockets like Meta Platforms Inc. , Alphabet Inc. , and Microsoft Corp. are going to provide Roblox with a ton of competition.

-Wallace Witkowski

	

(END) Dow Jones Newswires

September 15, 2022 17:16 ET (21:16 GMT)

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