Why AdaptHealth Stock Got Thrashed on Tuesday
AdaptHealth(AHCO) The Motley Fool·2024-11-06 07:42
The company posted a triple whiff, coming in under pundit projections for revenue, profitability, and top-line guidance.Home healthcare services specialist AdaptHealth (AHCO -9.56%) was hardly looking special on Tuesday. Following news that its latest set of quarterly results didn't meet analyst expectations, the market took a dim view of the company and collectively traded out of it. This left it with a nearly 10% loss in price on the day, compared to the 1.2% increase of the bellwether S&P 500 index.Botto ...