Strength Seen in Tenet (THC): Can Its 7.7% Jump Turn into More Strength?

Tenet Healthcare (THC) shares soared 7.7% in the last trading session to close at $89.11. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 11.5% gain over the past four weeks.The stock price surge can be linked to a piece of upbeat company news, revealing that it expects to surpass the upper limit in its 2023 adjusted EBITDA guidance range. This positive outlook is attributed to robust surgical growth in USPI operations. Concurren ...