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Well Health Stock Plunges 17% Amidst Subsidiary's Billing Investigation
Well Health Technologies Corp. shares fell 17% after delaying its annual financial statement release due to a U.S. Attorney's Office investigation into the billing practices of its U.S. subsidiary, Circle Medical, acquired in 2020, which incurred a net loss of $1.1 million in 2023.
Well Health Stock Plunges 17% Amidst Subsidiary's Billing Investigation
Well Health Technologies Corp. shares fell 17% after delaying its annual financial statement release due to a U.S. Attorney's Office investigation into the billing practices of its U.S. subsidiary, Circle Medical, acquired in 2020, which incurred a net loss of $1.1 million in 2023.
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