I mean we're still up from the April low, but we're down from $13.19 on May 9th which was the reaction to our good Q1 earnings call (8th in the USA).
Acadia rose 14% on the reaction to the Q1 earnings, then trading up a bit more over the next few days (3.9%) before rocking up a further 26% on the legal case on Friday. That's a 50% increase compared to our decrease in share price over that same time period. Even if you remove the massive jump last night Acadia is still up 18% just based on the earnings reaction which makes this even more confusing. Even more confusing add in the fact a SBB is ongoing so a few million in trade was added from that (which Acadia doesn't have).
NEU Price at posting:
$12.63 Sentiment: Buy Disclosure: Held
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