RTTNews | Sep 21, 2021 11:06AM EDT

11:05 Tuesday, September 21, 2021 (RTTNews.com) - Canada-based healthcare company, Bausch Health Companies Inc. (BHC) is up 7% on the Tuesday market after dropping to the lowest in a month on Monday. The company has not released any stock-specific news to boost the stocks.

Last week, the company was reported to have filed for initial public offerings for its optical health business Bausch & Lomb and its medical aesthetics company Global Solta secretly.

On Monday, the shares of Bausch dropped to $26.11, the lowest since August 4. However, the company is on the path to recovery and the shares are currently trading at $27.64, up $1.52 or 5.82 since Monday's close. The shares opened at $27.36 in the morning and in the 52-week period, the shares have ranged between $14.86 and $34.80.

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