The Miami Entrepreneur

Change Healthcare’s stock is up after judge rules in favor of UnitedHealth acquisition

Read Time:26 Second

Shares of Change Healthcare Inc. jumped 7.0% in premarket trading on Tuesday, the day after a federal judge ruled in favor of UnitedHealth Group’s acquisition of the company, according to media reports. The Justice Department had tried to block the deal. Change’s stock is up 19.1% this year, while the broader S&P 500 is down 18.9%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Previous post Banks raise less money from debt and equity deals in August
Next post Compass to cut jobs, record charges of up to $26 million