Core Insights - Activist investors are focusing on Acadia Healthcare (ACHC), which has faced challenges such as federal investigations and operational issues, leading to a decline in stock performance [1][6] - Engine Capital acquired approximately 3% of Acadia, resulting in a nearly 12% increase in stock price on the same day, and has called for significant changes in the company's strategy and board composition [2][3] - Acadia Healthcare is one of the largest behavioral healthcare providers in the U.S., operating over 260 facilities and employing around 25,000 staff [4][5] Company Overview - Acadia Healthcare is valued at approximately $2.5 billion, but its stock has decreased nearly 52% over the past year, contrasting with a 17% gain in the S&P 500 Index [6] - The company operates a diverse range of behavioral healthcare facilities, including inpatient psychiatric hospitals and outpatient clinics, with around 11,800 beds available [4][5] - Recent activist involvement has led to a 10% rebound in stock price over five trading days, indicating a potential shift in market sentiment [6]
Activist Investors Are Betting Big on This 1 Buy-Rated Stock