Veradigm (NASDAQ:MDRX) Stock Price Up 13.5% – Here’s What Happened

Veradigm Inc. (NASDAQ:MDRXGet Free Report) shares shot up 13.5% during trading on Thursday . The stock traded as high as $5.12 and last traded at $5.12. 4,345 shares were traded during mid-day trading, a decline of 99% from the average session volume of 339,636 shares. The stock had previously closed at $4.51.

Veradigm Trading Down 4.4%

The business has a 50-day moving average of $4.72 and a 200 day moving average of $4.75. The firm has a market capitalization of $468.27 million, a P/E ratio of 23.25 and a beta of 0.54.

About Veradigm

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Veradigm, Inc (NASDAQ: MDRX) is a healthcare technology company that provides a comprehensive suite of clinical, financial and analytical solutions to medical practices, health systems and life sciences organizations. The company’s offerings are designed to streamline electronic health record (EHR) workflows, optimize revenue cycle management and improve patient engagement through integrated software modules and cloud-based platforms.

Veradigm’s product portfolio includes EHR and practice management systems tailored to ambulatory and specialty care settings, as well as revenue cycle management services that encompass billing, coding and claims processing.

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