Surgery Partners Stock Down 39% as One Fund Slashes Stake by $19 Million

This healthcare firm runs a national network of surgical centers, specializing in outpatient procedures across key medical specialties.Irenic Capital Management cut its stake in Surgery Partners (SGRY 0.71%) by 1,047,583 shares in the fourth quarter, an estimated $19.25 million trade based on quarterly average pricing, according to a February 17, 2026, SEC filing.What happenedIrenic Capital Management disclosed in a recent SEC filing that it sold 1,047,583 shares of Surgery Partners during the quarter ended ...