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Actionable news in BKD: BROOKDALE SENIOR LIVING Inc,

Why Brookdale Senior Living (BKD) Stock Is Plunging Today

NEW YORK (TheStreet) -- Shares of Brookdale Senior Living (BKD) were down 18.71% to $11.73 on heavy trading volume late Tuesday morning after reporting 2016 third-quarter financial results that missed analysts' estimates.

Before the market open, the Brentwood, TN-based operator of senior residences reported a loss of 28 cents per share, while analysts were looking for a loss of 10 cents per share.

Revenue of $1.25 billion was slightly below consensus estimates of $1.26 billion.

For the full year, Brookdale now expects to report revenue from senior housing and...