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Wednesday, March 11, 2020

Sabra Health down 12% on reported coronavirus outbreak at facility

Sabra Health Care REIT (SBRA -12.2%) slumps on over 50% higher volume in apparent response to a COVID-19 outbreak at one of its facilities, reported by Mizuho.
Update: The facility in question is the Issaquah Nursing Home and Rehabilitation Center in the greater Seattle area, owned by Sabra but operated by North American Healthcare. Several patients have tested positive for COVID-19 and one has died.
https://seekingalpha.com/news/3550637-sabra-health-down-12-on-reported-coronavirus-outbreak-facility

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