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Tenet Healthcare (NYSE:THC) shares are trading at $255.62, reflecting a 271% return for shareholders since October 2021.
This performance has significantly outpaced the S&P 500, which gained 76% over the same period, and the hospital operator is up 34.3% in the last six months on the back of solid quarterly results.
The company operates a nationwide network of hospitals, ambulatory surgery centers, and outpatient facilities spanning nine states.
Its services focus primarily on urban and suburban communities, providing acute care and specialty healthcare.
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