Australia's PainChek gains most in nearly 7 years on fresh funds for housing facility

ReutersApr 14, 2026 2:31 AM

Shares of Australia's PainChek PCK.AX rise as much as 46.7% to A$0.22, their biggest intraday pct gain since April 30, 2019

Stock hits its highest level since February 18

The medical devices maker enters into an agreement with U.S.-based healthcare real estate operator, Sabra Health Care REIT SBRA.O

Says SBRA to fund as many as 20,000 beds across company's senior housing facilities at $55-$75 per bed per annum

Despite moves, stock down 25.9% YTD

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