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Acadia Healthcare Company Inc (ACHC): Price Now Near $61.37; Daily Chart Shows An Uptrend on 50 Day Basis

Acadia Healthcare Company Inc (ACHC): Price Now Near $61.37; Daily Chart Shows An Uptrend on 50 Day Basis
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Wednesday's 10 Notable Stocks in Focus


Wednesday’s 10 Notable Stocks in Focus
U.S. stock futures tied to all three major indexes rose in the premarket trading Wednesday. At 2:18 p.m. ET, S&P 500 Index advanced 0.16 percent to 3,733.03, Dow Jones Industrial Average increased 0.28 percent to 30,419.75, and Nasdaq jumped 0.27 percent to 12,885.38. U.S. stocks were trading higher yesterday but suddenly slipped later in the day when Senate Majority Leader Mitch McConnell objected to the revised stimulus payments proposed by President Donald Trump on Monday.
McConnell blocked the increase in stimulus checks from $600 to $2,000. However, he still has a choice to decide about the revised amount later. Trump previously criticized the $600 payment, saying the amount is low for U.S. citizens who need extra money for buying groceries and paying rent. ....

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UPDATE 1-Acadia to sell UK unit for $1.47 bln to Waterland Private Equity


2 Min Read
(Reuters) - Acadia Healthcare Co Inc said on Wednesday it would sell its UK unit the Priory Group, a care homes operator known for its celebrity clientele, to private equity firm Waterland for about 1.08 billion pounds ($1.47 billion).
The deal comes more than a year after the behavioral healthcare services provider said it was looking to sell the business, which it had acquired in January 2016 for nearly $850 million.
Priory has more than 450 facilities throughout Britain and specializes in the treatment of mental health problems, including eating disorders, as well as alcohol and drug addictions.
Celebrities such as model Katie Price and singer Eric Clapton have sought treatment for addiction at Priory’s flagship hospital in southwest London. ....

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Acadia to sell UK unit for $1.47 bln to Waterland Private Equity


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