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Here is why Regional Health Properties Inc. (RHE) stock plunged on Monday?

Regional Health Properties Inc. (RHE) shares soared 0.23% to trade at $13.03 in pre-market after RHE’s stock lost 12.69% in the early trading session on Monday. RHE shares have rocketed 1020.69% over the last 12 months, and they have moved down 24.20% in the past week. Over the past three months, the stock has gained 81.06%, while over the past six months, it has surged 802.78%.

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Let’s see what’s going on with RHE recently?

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Recent financial results

On May 17, 2021, Regional Health Properties released its financial results for the first quarter ended March 31, 2021.

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Q1 2021 financial highlights

Q4 & FY-2020financial results

On April 1, 2021, Regional Health Properties released its financial results for the fourth quarter and for the year ended December 31, 2020.

Q4 2020 financial highlights

FY-2020 financial highlights


RHE stock plummeted on Monday after the company announced its first-quarter financial results. The RHE stock can further decline in the coming days because of its poor financial results announcement.

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