Market Overview

Allscripts Trades Up 17% After PE Rumor

Shares of Allscripts (NASDAQ: MDRX) jumped over 17% late on Friday after Bloomberg reported that the company is exploring a possible sale to a private equity firm.

Shares were halted temporarily as the stock moved sharply higher to the upside.

Quality Systems (NASDAQ: QSII) also moved to the upside, trading up over 3% following the news.

Posted-In: News M&A Intraday Update Movers

 

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