Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why AdaptHealth Stock Dropped Today

TheMotleyFool

0 0

Why AdaptHealth Stock Dropped TodayPhoto, wide shot, wide-angle lens, soft focus, Quarry, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-YQuR80w6IvxjemEoWYDXbEZo.png?st=2023-10-15T10%3A03%3A37Z&se=2023-10-15T12%3A03%3A37Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-10-14T14%3A03%3A01Z&ske=2023-10-15T14%3A03%3A01Z&sks=b&skv=2021-08-06&sig=/3q45HS%2B7KQiNIRh0W63diwmt7u%2BeQQMkMTkhvmYMtE%3D

Shares of AdaptHealth (NASDAQ: AHCO) were down 13.8% on Thursday, after the home-healthcare solutions company announced its incoming CEO is being sued by his former employer.

According to a Securities and Exchange Commission filing dated Aug. 16, AdaptHealth learned that (NYSE: LIN) filed a lawsuit on Aug. 14 against Crispin Teufel, who previously served as CEO of in-home respiratory care specialist Lincare Holdings. AdaptHealth announced at the end of June that it had named Teufel as its incoming CEO, with an expected start date of Sept. 1.

Image source: Getty Images.

Source Fool.com