Why AdaptHealth Stock Plummeted This Week
AdaptHealth delivered news to investors this week that crushed its share price.
Overview
AdaptHealth (NASDAQ: AHCO) stock got crushed this week after the company reported disappointing quarterly results. The company's share price ended the week's trading down 47% from where it stood at the end of the previous week's market close.
AdaptHealth reported its second-quarter results before the market opened on Aug. 4, with both sales and earnings for the period coming in below the market's expectations. With the big pullback this week, AdaptHealth stock is now down 38% over the last year.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.