A securities class action has been filed against Ardent Health, Inc. (ARDT) on behalf of persons and entities that purchased or otherwise acquired Ardent Health securities between July 18, 2024 through November 12, 2025. This case has been filed in the USDC – MDTN.
On November 12, 2025, Ardent issued a press release announcing its financial results for the third quarter of 2025. In connection with that release, the Company disclosed that it recorded a $43 million reduction in revenue due to a change in accounting estimates regarding the collectability of accounts receivable. Ardent also revealed a $54 million increase to its professional liability reserves related to claims arising in New Mexico. On this news, the price of Ardent shares declined by $4.75 per share, or approximately 33.8%, from $14.05 per share on November 12, 2025 to close at $9.30 on November 13, 2025.