— Shares tumbled 4% after the company revealed in a filing that a New Mexico jury found Acadia responsible for damages totaling $485 million in a lawsuit. According to reports, the suit is related to a sexual assault in one of its now-defunct residential treatment facilities. Acadia said it is evaluating all legal options and will challenge the verdict.
— Shares of the auto parts maker jumped more than 20% following upgrades by Bank of America and JPMorgan Chase. JPMorgan said the company was "back on track," while Bank of America noted it is "firing on all cylinders."
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Source: CNBC - 🏆 12. / 72 Read more »