Acadia Healthcare rises after Engine Capital pushes for change in co's board
ReutersSep 24, 2025 2:12 PM
Shares of Acadia Healthcare ACHC.O rise 10.7% to $24.26
Activist investor Engine Capital sends letter to co's board asking it to explore a potential asset sale and add new directors to its board
Engine Capital, which owns about a 3% stake in Acadia, says the healthcare service provider has sustained negative returns due to ineffective execution of its reorganization in 2022
Acadia did not immediately respond to Reuters request for comment
Including session's move, ACHC stock was down 39.4% YTD
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