PACS Group Shares Surge on NYSE Extension

Dow Jones

09/12

By Dean Seal

Shares of PACS Group soared after the company said the New York Stock Exchange has given it more time to fix its financial statements for the first six months of 2024.

The stock was up 29% at $9.93 in early trading on heavy volume. Shares are still down 24% year-to-date.

The company, which invests in post-acute health-care facilities, said Thursday that the exchange had agreed to let its stock keep trading until Nov. 19 while it works on reissuing financial statements for the first and second quarters of 2024.

PACS said in June that it overstated revenue for those periods and that its prior financial statements shouldn't be relied upon.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

September 11, 2025 12:09 ET (16:09 GMT)

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Shares are still down 24% year-to-date. \n</p>\n<p>\n  The company, which invests in post-acute health-care facilities, said Thursday that the exchange had agreed to let its stock keep trading until Nov. 19 while it works on reissuing financial statements for the first and second quarters of 2024. \n</p>\n<p>\n  PACS said in June that it overstated revenue for those periods and that its prior financial statements shouldn't be relied upon. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Dean Seal at dean.seal@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 11, 2025 12:09 ET (16:09 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4185","symbol_name":"保健護理機構","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2566990514","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2566990514","pubTimestamp":1757606940,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of PACS Group soared after the company said the New York Stock Exchange has given it more time to fix its financial statements for the first six months of 2024.The stock was up 29% at $9.93 in early trading on heavy volume. 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Shares are still down 24% year-to-date. \n\n\n  The company, which invests in post-acute health-care facilities, said Thursday that the exchange had agreed to let its stock keep trading until Nov. 19 while it works on reissuing financial statements for the first and second quarters of 2024. \n\n\n  PACS said in June that it overstated revenue for those periods and that its prior financial statements shouldn't be relied upon. \n\n\n \n\n\n  Write to Dean Seal at dean.seal@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 11, 2025 12:09 ET (16:09 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}