Chindex Shares Up on Improved Results
Chindex International said this morning that fourth-quarter profit rose more than 70 percent, and it swung to a profit for the quarter. Fiscal 2009 revenue and profit were also up, as the Bethesda company sold more medical products and provided more health-care services in its market of China.
Shares are up about 18 percent on the news so far today, trading around $12.70 as of 12:45 p.m. They went as high as $14.20 earlier today after closing yesterday at $10.79.
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