Sabra Health Care REIT (SBRA) stock slips in premarket after naming new chief investment officer
Sabra Health Care REIT shares fell 0.4% to $19.08 premarket after naming Darrin Smith chief investment officer, effective Jan. 1. Smith’s base salary is set at $470,000, and CFO Michael Costa will add the treasurer role. Smith replaces Talya Nevo-Hacohen, who is retiring. Investors await the next quarterly results for updates on deal activity and funding costs.