Industry Notes:
Enhabit Stock Slump Continues After Investment Firm Shareholder Demands Sale
Published on Fri Oct 13, 2023
At press time, the stock price of Enhabit Inc. was back in the basement after receiving a letter from shareholders urging a sale. AREX Capital Management and its affiliates, which own nearly 5 percent of Enhabit’s shares, took the chain’s Board of Directors to task for what it describes as communications errors. “This latest debacle has once again proven the [...]