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Veradigm (NASDAQ:MDRX) Trading 7.3% Higher - Here's Why

Veradigm logo with Business Services background

Key Points

  • Veradigm Inc. (NASDAQ:MDRX) shares increased by 7.3% during trading on Monday, reaching a price of $4.99.
  • Wall Street analysts have issued a "hold" rating on Veradigm stock, indicating cautious optimism about the company's future prospects.
  • Veradigm provides healthcare technology solutions, including electronic health records and population health management services, primarily in the U.S. and Canada.
  • Want stock alerts on Veradigm? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of Veradigm Inc. (NASDAQ:MDRX - Get Free Report) were up 7.3% during trading on Monday . The stock traded as high as $5.00 and last traded at $4.99. Approximately 925 shares traded hands during trading, a decline of 100% from the average daily volume of 299,425 shares. The stock had previously closed at $4.65.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen assumed coverage on Veradigm in a research report on Tuesday, May 20th. They issued a "hold" rating for the company.

Get Our Latest Analysis on MDRX

Veradigm Stock Performance

The company has a 50-day simple moving average of $4.56 and a 200-day simple moving average of $4.95.

Veradigm Company Profile

(Get Free Report)

Veradigm Inc, a healthcare technology company, provides information technology solutions and services to healthcare organizations in the United States, Canada, and internationally. It offers electronic health records (EHR), information connectivity, private cloud hosting, outsourcing, analytics, patient access, and population health management solutions.

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