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Accretive Health Inc. (AH) Sank To A 9-Month Low After Q4 Delay

Accretive Health Inc. (AH) announced after the bell Tuesday that it will postpone the release of its financial results for the fourth quarter and full year 2012, because it is evaluating the timing of revenue recognition for its revenue cycle management agreements.

Accretive Health gapped open sharply lower Wednesday, but traded in a narrow range throughout the session. Shares finished with a loss of 2.54 at $9.57 on the highest volume of the year. The stock sank to over a 9-month low.

by RTT Staff Writer

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