Exclusive: AREX Capital to mount board challenge against Enhabit, sources say [Reuters]
Enhabit, Inc. (EHAB)
Company Research
Source: Reuters
poor financial performance at the U.S. home health and hospice provider, people familiar with the matter said on Thursday. AREX, which has been pushing Enhabit to put itself up for sale, privately nominated the seven candidates in March during the company's nominating window, the sources said. The AREX nominees have healthcare and capital markets experience and include an AREX partner, James Corcoran, the sources said. Enhabit this week said it decided to continue as an independent, public company after having evaluated a range of strategic options. A company representative was not immediately available for comment on the AREX board challenge. AREX has argued that the board lacks home hospice expertise, which it says its candidates can provide. AREX kept its nominations private until now because it did not want to disrupt the strategic review process, the sources said. Report this ad The Enhabit board currently has 13 members but will be reduced to nine at the company's annu
Show less
Read more
Impact Snapshot
Event Time:
EHAB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EHAB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EHAB alerts
High impacting Enhabit, Inc. news events
Weekly update
A roundup of the hottest topics
EHAB
News
- Enhabit Demonstrates Progress to Stabilize Business and Position Company for Profitable Growth [Yahoo! Finance]Yahoo! Finance
- Enhabit Demonstrates Progress to Stabilize Business and Position Company for Profitable GrowthBusiness Wire
- Enhabit's (NYSE:EHAB) Returns On Capital Tell Us There Is Reason To Feel Uneasy [Yahoo! Finance]Yahoo! Finance
- AREX Capital Sets the Record Straight Regarding Enhabit's Misleading Assertions [Yahoo! Finance]Yahoo! Finance
- AREX Capital Sets the Record Straight Regarding Enhabit’s Misleading AssertionsBusiness Wire
EHAB
Earnings
- 5/8/24 - Beat
EHAB
Sec Filings
- 6/24/24 - Form DEFA14A
- 6/18/24 - Form DEFA14A
- 6/17/24 - Form DFAN14A
- EHAB's page on the SEC website