Tenet Healthcare Trading Volume Drops 3865% to 482nd Rank Despite Four-Day Stock Price Gain

On June 3, 2025, Tenet Healthcare Corporation (THC) saw a trading volume of $207 million, a 38.65% decrease from the previous day, ranking 482nd in the day's stock market activity. The stock price of Tenet Healthcare Corporation (THC) rose by 1.01%, marking the fourth consecutive day of gains, with a total increase of 4.35% over the past four days.

Barclays analyst Andrew Mok has increased the price target for Tenet Healthcare (THC) from $171 to $215, while maintaining an Overweight rating on the shares. This adjustment follows the company's Q1 earnings report and several negative data points, including concerns about the Part D mix, Affordable Care Act trend, and preliminary 2026 ACA rates. The firm is particularly worried about the Medicare Part D and individual ACA businesses, which it believes pose negative earnings risks for the remainder of 2025 and significant premium increases and disruptions in 2026. With limited prospects for multiple expansion and an unfavorable managed care catalyst calendar, investors are likely to be more sensitive to earnings revisions, which could negatively impact Part D- and ACA-sensitive stocks. Barclays continues to favor hospitals over managed care.