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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