Why MultiPlan Stock Is Soaring Today

·1-min read
Why MultiPlan Stock Is Soaring Today

Shares of MultiPlan (NYSE: MPLN) were soaring 19.6% higher as of 11:35 a.m. EDT on Thursday. The big gain came after the healthcare technology solutions provider announced better-than-expected first-quarter results before the market opened. MultiPlan reported Q1 revenue of $254.9 million, up 1.1% year over year and well above the consensus analysts' estimate of $248.5 million.

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