Why Community Health Systems Stock Is Soaring Today

Prosper Junior Bakiny, The Motley Fool
·2-min read
Why Community Health Systems Stock Is Soaring Today
Why Community Health Systems Stock Is Soaring Today

Shares of Community Health Systems (NYSE: CYH) -- a company that operates acute care facilities -- are skyrocketing on Wednesday and are up by 33.4% as of 1:09 p.m. EDT. Investors are bidding up shares of the healthcare company following the release of its third-quarter earnings report after the market closed on Tuesday. The pandemic has severely impacted Community Health Systems' business.