Top After-Market NYSE Losers (KND, SKH, FVE, BKD, XRS, SMP, OCR, SRZ, MOH, TIE)
The top after-market NYSE Losers on Friday are: Kindred Healthcare, Skilled Healthcare Group, Five Star Quality Care, Brookdale Senior Living, TAL Education, Standard Motor Products, Omnicare, Sunrise Senior Living, Molina Healthcare and Titanium Metals.
Kindred Healthcare, Inc. (NYSE:KND) shares slumped 21.44 percent to $14.80 in post market trading session after Medicare said it will cut payment rates to skilled nursing facilities by 11.1 percent next fiscal year.
Skilled Healthcare Group, Inc. (NYSE:SKH) shares slumped 19.2 percent to $7.11 in post market trading session on news that Medicare will cut payment rates to skilled nursing facilities by $3.87 billion following an April proposal designed to remedy overpayments to the industry.
Five Star Quality Care, Inc. (NYSE:FVE) shares declined 9.49 percent to $4.48 in aftermarket trading session. The Centers for Medicare & Medicaid Services (CMS) Friday announced a final rule reducing Medicare skilled nursing facility (SNF) Prospective Payment System (PPS) payments in FY 2012 by $3.87 billion or 11.1 percent lower than payments for FY 2011.
Brookdale Senior Living Inc. (NYSE:BKD) shares plunged 6.31 percent to $20.04 in aftermarket trading session.
TAL Education Group (NYSE:XRS) shares declined 5.88 percent to $12 in post market trading session.
Standard Motor Products, Inc. (NYSE:SMP) shares declined 4.23 percent to $13.60 in post market trading session. The stock has a 52 week low of $8.38 and 52 week high of $16.34 and has $324.38 million market capitalization.
Omnicare, Inc. (NYSE:OCR) shares declined 4.07 percent to $29.26 in post market trading session.
Sunrise Senior Living, Inc. (NYSE:SRZ) shares declined 3.63 percent to $8.50 in aftermarket trading session. The stock has a 52 week low of $2.18 and 52 week high of $12.44 and has $506.22 million market capitalization.
Molina Healthcare Inc. (NYSE:MOH) shares declined 2.87 percent to $22 in aftermarket trading session.
Titanium Metals Corp. (NYSE:TIE) shares declined 2.75 percent to $17.30 in post market trading session.
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