Acadia Healthcare Rises Even as New Legal Issue Emerges
Acadia Healthcare Company shares climbed Tuesday, beating gains in the major U.S. indexes, as buyers stuck with the behavioral-health hospital operator’s shaky turnaround story. The stock ended Nasdaq trading at $24.42, gaining $1.11, or 4.76%. About 2.32 million shares changed hands, roughly matching recent volume. Shares are still below the 52-week high of $30.20.