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On August 19, 2025,
(THC) surged 3.91% with a trading volume of $0.21 billion, a 37.96% increase from the prior day, ranking it 464th in market activity. The stock’s performance coincided with a publicized protest by nurses at Carondelet Health Network, a subsidiary of , over staffing shortages and excessive patient loads. Nurses from St. Mary’s and St. Joseph’s Hospitals, represented by National Nurses United, staged a “honk-a-thon” to highlight unsafe working conditions, citing ratios of up to seven patients per nurse in some units and three in the ICU. Tenet’s corporate statement emphasized adherence to CDC guidelines and pandemic protocols but faced criticism for not addressing the union’s concerns about staffing adequacy.The nurse-led demonstration underscored ongoing challenges in healthcare labor dynamics, with participants arguing that understaffing compromises patient care and staff well-being. Tenet’s response highlighted its commitment to “highest level of patient safety” while disputing claims of incompetence among its nursing workforce. The protest, occurring amid Arizona’s record-breaking COVID-19 case numbers, drew attention to systemic issues in hospital resource allocation and workforce management. Analysts noted the event could pressure Tenet to revisit staffing strategies or face potential reputational risks, though the stock’s recent rally suggests investor focus remains on operational resilience and market positioning.
The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to now delivered moderate returns. The 1-day return was 0.98%, with a total return of 31.52% over 365 days. This indicates the strategy captured some short-term momentum but also reflected market volatility and potential timing risks.

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