Select Medical Distributes Concentra Shares to Shareholders [Yahoo! Finance]
Select Medical Holdings Corporation (SEM)
Last select medical holdings corporation earnings: 4/30 04:30 pm
Check Earnings Report
US:NYSE Investor Relations:
selectmedical.com/investor-relations/for-investors
Company Research
Source: Yahoo! Finance
CON by distributing its 81.7% ownership stake in the company to its shareholders. Per the previously announced distribution plan, Select Medical distributed 104,093,503 shares of Concentra's common stock. This was done through a pro-rata stock distribution, where shareholders of SEM received 0.806971 shares of Concentra common stock for each share of SEM they held as of the record date, Nov. 18, 2024. Following the spin-off, SEM no longer owns any shares in Concentra, effectively separating the two companies. Shareholders were also compensated in cash for any fractional shares of Concentra. This strategic move streamlines SEM's operations and enables the company to focus on its core business areas, such as critical illness recovery hospitals, rehabilitation hospitals and outpatient rehabilitation clinics. It generated revenues of $583 million in the third quarter from critical illness recovery hospitals, $282.7 million from rehabilitation hospitals and $312 million from outpatient
Show less
Read more
Impact Snapshot
Event Time:
SEM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SEM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SEM alerts
High impacting Select Medical Holdings Corporation news events
Weekly update
A roundup of the hottest topics
SEM
News
- Select Medical Holdings Co. (NYSE: SEM) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Select Medical Holdings Co. (NYSE: SEM) had its price target lowered by analysts at UBS Group AG from $40.00 to $21.00. They now have a "neutral" rating on the stock.MarketBeat
- Select Medical Holdings Co. (NYSE: SEM) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- CLR Neurosthenics® launches neurophysiological assessment platform to help prevent sports injuries, optimize performance and improve rehabilitation [Yahoo! Finance]Yahoo! Finance
- Select Medical Holdings Co. (NYSE: SEM) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
SEM
Earnings
- 10/31/24 - Beat
SEM
Sec Filings
- 12/6/24 - Form 4
- 12/4/24 - Form 8-K
- 11/29/24 - Form 4
- SEM's page on the SEC website