Why DaVita Inc Stock Is Plummeting Today
Core Insights - DaVita Inc's shares experienced a significant decline, losing 11.1% by market close, with an intraday drop of 15.2% [1] - The company's Q4 2024 earnings report showed positive earnings per share (EPS) of 2.13, with sales of 10.20 and 11.24, indicating elevated uncertainty [3] - DaVita reported elevated mortality and mistreatment rates, which could hinder new patient growth [4] - The decline in share price was also influenced by Berkshire Hathaway reducing its stake in DaVita, selling over 200,000 shares while still holding 45% [5]