Alert: Major Price Decline (12/5/23)-Sonida Senior Living Inc (NYSE: SNDA).

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Sonida Senior Living Inc (NYSE: SNDA) stock suffered a major decline of -11.6% on 12/5/23. The shares closed at $9.71. Moreover, trading volume in this decline was exceptionally high at 387% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -3.3% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, SNDA is expected to be a major Value Eraser.

Sonida Senior Living is currently unrated.

Rating Review

The stock is currently unrated.

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