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PACS Group, Inc. - $PACS STOCK NEWS

Welcome to our dedicated page for PACS Group news (Ticker: $PACS), a resource for investors and traders seeking the latest updates and insights on PACS Group stock.

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 PACS Group'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 PACS Group's position in the market.

Rhea-AI Summary

PACS Group, Inc. (NYSE: PACS) will announce its first quarter 2024 financial results on May 13, 2024, with a call on May 14, 2024, to discuss the results. The company operates over 200 post-acute care facilities in the US, serving 22,000 patients daily. Investors can access important information on the PACS Group website.

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0.24%
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Rhea-AI Summary
PACS Group, Inc. successfully closes its initial public offering, selling 21,428,572 shares of common stock at $21.00 per share, raising approximately $450 million. The underwriters exercised their option to purchase an additional 3,214,284 shares. The company's common stock is now listed on the NYSE under the ticker symbol 'PACS'.
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Rhea-AI Summary
PACS Group, Inc. announces the pricing of its upsized initial public offering, with 21,428,572 shares of common stock sold at $21.00 per share, raising approximately $450 million. The offering includes a 30-day option for additional shares. The stock will trade on NYSE under the ticker symbol 'PACS'. Citigroup, J.P. Morgan, and Truist Securities are lead managers. The offering is expected to close on April 15, 2024.
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PACS Group, Inc.

NYSE:PACS

PACS Rankings

PACS Stock Data

3.65B
150.15M
United States of America