Acadia resumes down move after guidance cut, shares off 14%

|About: Acadia Healthcare Co. (ACHC)|By:, SA News Editor

Acadia Healthcare (ACHC -13.5%) slumps on more than double normal volume, taking out last week's brief rally and resuming the down move that started on November 6 after it lowered 2018 guidance.

Revised outlook: Revenue: ~$3B from $3.02B - 3.06B; non-GAAP EBITDA: $605M - 610M from $632M - 639M; non-GAAP EPS: $2.25 - 2.27 from $2.52 - 2.56.

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