Why Gentiva Health Services (GTIV) Stock Rose Today

NEW YORK (TheStreet) -- Gentiva Health Services (GTVI) closed trading up 2.4% to $16.21 on Monday after reports that Kindred Healthcare  (KND) upped its cash offer to $16 per share for a 14.9% stake in the home health and hospice service provider from its previous offer of $14.50 per share, or $573 million, for the whole company. 

Kindred's CEO has stated that his company will not increase its bid for Gentiva again unless it agrees to negotiate and show that the company is worth more.STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

GTIV ChartGTIV data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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