Kindred Healthcare to start NYSE career Wednesday
Kindred Healthcare Inc. will start trading common stock on the New York Stock Exchange beginning Oct. 27, according to an announcement late last week by the Louisville-based company. Kindred operates nursing homes, hospitals and institutional pharmacies, among other businesses.
While the company confirmed it would continue to trade two existing series of outstanding warrants to purchase common stock on the NASDAQ, the common stock released Wednesday will be traded under the ticker symbol "KND" on the NYSE.
In August, Kindred reported 2004 second-quarter revenues were up 10% over the same period a year earlier.