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7.60
0.39%
-0.03
After Hours:
7.60
Why is Enhabit Inc (EHAB) Stock down?
We've noticed a 5.30% decline in Enhabit Inc (EHAB) stock during the 2024-09-10 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
03 Oct, 2023:
Enhabit Inc Stock (EHAB) dropped by 27.02% from $11.73 to $8.56 in the trading on Tuesday October 3, 2023. The reasons why stock EHAB down today includes:
- Potential covenant breach: In an Oct. 2 filing with the Securities and Exchange Commission (SEC), EHAB received a temporary waiver for a potential covenant breach with Wells Fargo and its other lenders.
- Several issues: In August, it said that in line with its Tax Matters Agreement with Encompass Health Corporation, Enhabit's board was looking at various options, including a sale of the company, a merger, or some other transaction.
4.74%
1.92%
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