Brookdale (BKD) Hits All-Time High on Occupancy Rate Surge, New CEO

We recently published 10 Big Names With Whopping Gains; 6 Jump All-Time Highs. Brookdale Senior Living Inc. (NYSE:BKD) is one of the best performers on Thursday.

Brookdale Senior Living extended its winning streak to a third day on Thursday to hit a new all-time high as investors cheered a significant jump in its occupancy rate in the third quarter of the year, supported by the official appointment of a new chief executive officer (CEO).

During the session, Brookdale Senior Living Inc. (NYSE:BKD) jumped to its highest price of $9.09 before paring gains to finish the day just up by 9.36 percent at $8.88 apiece.

In an updated report, the company registered a weighted average consolidated occupancy rate of 81.8 percent in the third quarter of the year, marking an increase of 2.9 percent year-on-year and 1.7 percent from the second quarter.

In September alone, consolidated occupancy rate surged to 82.5 percent from the 81.8 percent the month earlier, and from 79.2 percent in the same period last year.

In other news, Brookdale Senior Living Inc. (NYSE:BKD) recently welcomed Nick Stengle as its new CEO and a member of the board, replacing Denise Warren, who served as interim CEO since April 2025.

Prior to Brookdale Senior Living Inc. (NYSE:BKD), Stengle served as president and chief operating officer at Gentiva, a leading provider of hospice, palliative, and home health services with over 12,000 associates and approximately 550 locations across 38 states.

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Disclosure: None. This article is originally published at Insider Monkey.