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Cano Health Inc - CANO STOCK NEWS

Welcome to our dedicated news page for Cano Health (Ticker: CANO), a resource for investors and traders seeking the latest updates and insights on Cano Health.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cano Health's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cano Health's position in the market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.85%
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Rhea-AI Summary
Cano Health announces re-election of Dr. Alan Muney and Kim Rivera to Board of Directors
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.11%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.11%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.11%
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none
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Rhea-AI Summary
Elliot Cooperstone, Lewis Gold, and Barry Sternlicht, the largest stockholders of Cano Health, Inc., have released a letter urging fellow stockholders to withhold support for Dr. Alan Muney and Kim Rivera, the only directors standing for re-election at the annual meeting. They accuse CEO Dr. Marlow Hernandez and his boardroom allies of ignoring calls for better corporate governance and a refined strategy, leading to a decline of over 90% in Cano's stock price since going public. The group has filed proxy materials, nominated two independent candidates for the board, and submitted a proposal to remove Dr. Hernandez. They have also filed a lawsuit to compel Cano to reopen the window for nominating directors and making business proposals at the annual meeting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.9%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
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management
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
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none
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Rhea-AI Summary
Elliot Cooperstone, Lewis Gold, and Barry Sternlicht, who recently resigned from the Board of Directors of Cano Health, Inc., have issued a presentation outlining the case for changes in leadership and strategy at the company. They are urging stockholders to withhold support for Dr. Alan Muney and Kim Rivera, the only directors standing for re-election at the Annual Meeting. The Group holds an approximately 35% equity stake in Cano.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.94%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.42%
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none
Cano Health Inc

NYSE:CANO

CANO Rankings

CANO Stock Data

12.43M
1.25M
43.43%
34.34%
19.99%
General Medical and Surgical Hospitals
Health Care and Social Assistance
Link
US
Miami

About CANO

Cano Health, Inc. provides primary care medical services to its members in the United States and Puerto Rico.