Acadia Healthcare’s Wild 2025 Ride: Activist Investor Shake-Up, Stock Surge & Mental Health Market Frenzy
Acadia Healthcare shares surged nearly 9% on September 24, 2025, after Engine Capital disclosed a 3% stake and called for board changes and asset sales. The stock’s rally followed a 70% drop from 2022 highs and a year-to-date decline of 41%. Acadia’s board hired Goldman Sachs and J.P. Morgan as advisors. Q2 revenue rose 9%, but 2025 guidance was trimmed due to high costs.
