Tenet Healthcare (THC) Stock Falls Amid Market Uptick: What Investors Need to Know

Heading into today, shares of the hospital operator had gained 7.43% over the past month, outpacing the Medical sector's gain of 1.49% and the S&P 500's gain of 3.71% in that time. It is also important to note the recent changes to analyst estimates for Tenet Healthcare. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. With respect to valuation, Tenet Healthc ...