Why Bausch Health Stock Jumped 10% Today

Shares of Bausch Health (NYSE: BHC) were up 10% Wednesday as of 3:50 p.m. EST. 

Though long-term shareholders haven't been well rewarded, with shares up less than 8% over the past three years, recent returns have been better. Since the start of 2021, the stock has gained 24%, and the company says its business recovery is well under way. 

The healthcare company released a preliminary financial update today for the fourth quarter and full year 2020, saying the results confirm the company is executing its business recovery from the pandemic impacts. 

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Source Fool.com