HCA Healthcare Inc. Stock Rises Friday, Outperforms Market

Cheetah Net Supply Chain Service Inc

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Company profile

Cheetah Net Supply Chain Service Inc. is a supplier of parallel-import vehicles in the United States to be sold in the People’s Republic of China (PRC) market. The Company and its wholly owned subsidiaries are primarily engaged in the parallel-import vehicle dealership business. In the PRC, parallel-import vehicles refer to those purchased by dealers directly from overseas markets and imported for sale through channels other than brand manufacturers’ official distribution systems. The Company purchases automobiles, primarily luxury brands such as Mercedes, BMW, Porsche, Lexus, and Bentley, from the U.S. market and resells them to its customers, including both U.S. and PRC parallel-import car dealers. The Company holds 100% of the equity interests in the subsidiaries, such as Allen-Boy International LLC, Canaan International LLC, Pacific Consulting LLC, Canaan Limousine LLC, Entour Solutions LLC, Spirit Solutions LLC, and Cheetah Net Logistics LLC.

HCA Healthcare Inc. Stock Rises Friday, Outperforms Market

4:58 pm ET April 28, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of HCA Healthcare Inc. (HCA) rallied 1.73% to $287.33 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.83% to 4,169.48 and the Dow Jones Industrial Average rising 0.80% to 34,098.16.

This was the stock's second consecutive day of gains.

HCA Healthcare Inc. closed $6.69 short of its 52-week high ($294.02), which the company reached on April 21st.

The stock underperformed when compared to some of its competitors Friday, as Community Health Systems Inc. (CYH) rose 6.91% to $6.34 and Tenet Healthcare Corp. (THC) rose 1.95% to $73.32.

Trading volume (1.2 M) remained 129,226 below its 50-day average volume of 1.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled April 28, 2023.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

April 28, 2023 16:58 ET (20:58 GMT)