NasdaqGS:ACHCHealthcare
Why Acadia Healthcare (ACHC) Is Down 9.8% After S&P MidCap 400 Index Removal and What’s Next
Acadia Healthcare Company was recently announced for removal from the S&P MidCap 400 index as part of the quarterly index rebalancing, prompting trading activity tied to institutional investors and index funds.
This index exclusion highlights how shifts in major benchmark indices can directly impact trading volumes and short-term sentiment, regardless of underlying business fundamentals.
We'll review how forced index fund selling from this removal affects Acadia Healthcare's investment...