Tenet shares up after firm buys 5.7% stake: 3 things to know

Camber Capital Management bought a 5.7 percent stake in Tenet Healthcare, leading the company’s shares to jump this week.

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Here are three things to know:

1. Tenet shares traded up 18.55 percent Aug. 21.

2. Camber Capital Management reported its purchase in a 13-G filing.

3. The shares fared well this week despite two Glenview Capital Management employees resigning from Tenet Healthcare’s board of directors Aug. 18, citing irreconcilable differences.

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