7.60
price down icon2.56%   -0.20
pre-market  Pre-market:  8.80   1.20   +15.79%
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Why is Enhabit Inc (EHAB) Stock down?

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.
$23.99
price down icon 0.62%
$44.92
price down icon 0.44%
$130.95
price down icon 1.67%
medical_care_facilities CHE
$521.84
price down icon 1.91%
medical_care_facilities EHC
$91.05
price down icon 1.93%
medical_care_facilities UHS
$182.93
price down icon 3.89%
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