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RadNet a ‘boon’ for investors, Los Angeles Business Journal says
Radiology Business July 31, 2024
Imaging industry giant RadNet Inc. has been a “boon” for investors, the Los Angeles Business Journal said in a report published Monday.
In the year ending July 23, the publicly traded company saw its stock price leap 86%, up to $65.05. During the same timeframe, market capitalization climbed 97% to about $4.8 billion.
LABJ reporter Howard Fine said this jump is “especially notable,” given that Los Angeles-based RadNet is a midsized company by market cap. Doubling this figure in one year is common for smaller companies, but it can be a “daunting” task for those in RadNet’s size bracket, especially ones already...
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