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Why Cano Health Stock Is Crashing Today

Why Cano Health Stock Is Crashing Today

Shares of Cano Health (NYSE: CANO) were crashing 31.6% lower as of 11:25 a.m. ET on Thursday. The steep decline came after the primary care provider announced its third-quarter results following the market close on Wednesday. The consensus among analysts surveyed by Refinitiv was for Cano to record a net loss of $0.05 per share.